Apr 20 2009

Not a stellar day. A few nice plays on DNDN, RIMM, CAT were outnumbered but small but a few too many stops. Not deep but in red.

Session Time: Mon Apr 20 00:00:00 2009

[07:51] {Threei}  DNDN

[07:51] {Threei}  LAZARD RAISED DNDN TO BUY FROM HOLD, PRICE TARGET: $25

[07:52] {Threei}  04/19/09 10:01am

[07:52] {Threei}  [DNDN] Dendreon Corp Presents Phase III data on Provenge potency and immune responses in prostate cancer

[07:52] {Threei}  - Co presented today data from its PROTECT (PROvenge Treatment and Early Cancer Treatment) or P-11 Phase 3 study suggesting that PROVENGE (sipuleucel-T) induces long-term memory immune responses that are durable and can be maintained following boosting.

[07:54] {Threei}  JAVA

[07:54] {Threei}  ORACLE BUYS SUN MICROSYSTEMS FOR $9.50/SHR IN CASH, DEAL VALUED AT $7.4B (LAST $6.69)

[07:55] {Threei}  04/20/09 07:00am

[07:55] {Threei}  [BAC] Bank of America Corp Reports Q1 $0.44 v $0.04e, R $35.8B v $27.1Be

[07:55] {Threei}  - Provision for credit losses $13.38B v $8.53B q/q, $6.01B y/y

[07:55] {Threei}  - Q1 Credit extended $183.1B v $180.8B q/q

[07:55] {Threei}  - Q1 ROE 7.10% v -6.68% q/q

[07:55] {Threei}  --Q1 ROA 0.68% v -0.37% q/q

[07:55] {Threei}  - Q1 Tier 1 ratio 10.09% v 7.51% y/y

[07:55] {Threei}  - Q1 Provision for credit losses $13.4B v $8.53B q/q

[07:55] {Threei}  - Q1 Net charge-offs $6.94B v $5.54B q/q

[07:55] {Threei}  - Q1 Total managed net losses $9.12B v $22.9B q/q

[07:55] {Threei}  - Q1 Nonperforming assets $25.7B v $18.2B q/q

[07:56] {Threei}  - Q1 Global Banking Rev $4.64B v $3.86B y/y, Efficiency ratio 54.11% v 45.13% y/y

[07:56] {Threei}  - Q1 Global Markets $6.79B v -$848M y/y, Efficiency ratio 45.04%

[07:56] {Threei}  - Q1 Global Wealth and Investment Management Unit Rev $4.36B v $1.98B q/q, Efficiency ratio 75.41% v 53.77% q/q

[07:56] {Threei}  - Q1 Deposits Rev $3.46B v $4.15B y/y, Efficiency ratio 68.2% v 53.37% y/y

[07:56] {Threei}  - Q1 Global Card Services $7.46B v $7.87B y/y, Efficiency ratio 27.83% v 27.95% y/y

[07:56] {Threei}  - Q1 Home Loans & Insurance $5.22B v $1.37B y/y, Efficiency ratio 50.73% v 52.66% y/y

[07:56] {Threei}  04/19/09 10:43pm

[07:56] {Threei}  [BAC] Bank of America Corp Longtime shareholder, Eliasberg family, is losing faith in the firm and CEO Lewis - NYT

[07:56] {Threei}  - Eliasberg owns a "substantial" number of Bank of America shares for an individual.

[07:56] {Threei}  - Note: On Friday's session, proxy advisory firm Glass Lewis recommended that shareholders vote against the re-election of CEO Lewis at April 29 annual meeting - CNBC

[08:35] {nemo} anything on F this morning yet?

[08:35] {fernp} Hello everybody

[08:36] {Threei}  fern :)

[08:36] {Threei}  04/20/09 04:39am

[08:36] {Threei}  [F] Ford Motor Co Chinese sales to be comparable or better than industry rivals in 2009

[08:36] {Threei}  - Have seen sales accelerate following the end of Q1

[08:38] {Threei}  04/19/09 09:43pm

[08:38] {Threei}  (US) White House Chief of Staff Emanuel: The administration plans to put in place new energy legislation by the end of the year, with stated goal to include provision for climate change

[08:38] {Threei}  - Comments made on ABC's "This Week with George Stephanopoulos."

[08:38] {Threei}  - House Energy and Commerce Committee to commence hearings on proposed legislation limiting greenhouse gas emissions as early as this week. Proposed legislation could then require acquisition of permits to release carbon into the atmosphere.

[08:38] {Threei}  - Energy and Commerce Committee Chairman Waxman requested that a bill, including measures addressing energy efficiency and development of related technology, would pass through the committe by late May before the House vote later in 2009.

[08:38] {Threei}  - Senate Majority Leader Reid is calling for cap-and-trade legislation by mid-2009

[08:38] {Threei}  - Note, earlier last week, EPA announced it plans to proceed with regulation of carbon dioxide, holding polluters accountable under Clean Air Act

[08:38] {Threei}  - On Mar. 5th, House Majority Leader Hoyer noted that Congress could pass a climate-change bill by late May

[08:38] {dptl} good morning

[08:39] {Threei}  dp :)

[08:53] {pita} gm everyone

[08:53] {Threei}  pita :)

[08:53] {cosmo} but ... but, CO2 is a neutrient

[08:53] {cosmo} to life on earth

[08:53] {Threei}  so what

[08:53] {Threei}  politicians said it's bad

[08:53] {cosmo} it stinks

[08:54] {cosmo} not CO2 tho

[08:54] {cosmo} i think they still think its CO ... hmph

[08:55] {cosmo} climate changes happens ...sheesh

[08:56] {Threei}  don't fight it cosmo... they decided we have to pay, and that's that

[08:57] {cosmo} just don't take away my 1986 honda

[08:57] {cosmo} its a classic

[08:58] {Raven} Washington will soon make you junk that sucker cosmo and they will pay you $5K to do that

[08:58] {cosmo} ughhh

[08:58] {Raven} yes ... your classic will be crushed into a square package

[08:59] {cosmo} i do 5K in maintenence ...give me a break

[08:59] {Raven} they will not care ... the Honda is history

[08:59] {Threei}  and in the process of destruction it will release more C)2 than it would during its entire life

[08:59] {cosmo} they know that

[09:00] {Raven} cosmo will have to take anxiety drugs

[09:00] {cosmo} you mean... more?

[09:01] {Raven} stronger dose maybe

[09:01] {cosmo} but i'm maxed out

[09:01] {Raven} that is trouble then

[09:01] {cosmo} sigh .... need coffee....brb

[09:01] {Raven} lol

[09:02] {ese} good morning

[09:02] {Threei}  ese :)

[09:03] {magoo} morning

[09:03] {Threei}  magoo :)

[09:04] {magoo} we got to make $$ early today vad so i can go to hospital 

[09:05] {Threei}  great

[09:05] {Threei}  I'll be back tomorrow

[09:05] {larisa} good morning :)

[09:05] {Threei}  larisa :})

[09:06] {larisa} threei :)

[09:06] {ese} hospital?

[09:07] {cosmo} PALM pre mkt spike high = 10.49   fwiw

[09:08] {Threei}  06:12am [PALM] BofA/Merrill Lynch Raised PALM to Buy from Neutral, price target: $14

[09:08] {Threei}  04/17/09 07:29am [PALM] Morgan Joseph Cuts PALM to Hold from Buy, price target: $10more.. - on valuation

[09:08] {Threei}  make your pick

[09:08] {cosmo} 10

[09:09] {magoo} [09:07] {ese} hospital?

[09:09] {magoo} yeah, here on crutches, may have broke ancle motocross racing with son yesterday 

[09:09] {Threei}  ouch

[09:10] {ese} ya .....i'm visiting vad at vic general tonight?

[09:10] {Threei}  me?

[09:10] {ese} oh oh oh....sorry it's mags in the hospital....appologies

[09:11] {ese} don't know if I can geth there mags

[09:11] {ese} faz....great looking daily chart

[09:12] {Threei}  FAZ formed 9.80 resistance so far

[09:12] {Threei}  it's also the high of Fri

[09:12] {Threei}  JPM 32.10 support to break

[09:12] {ese} if it gets past 10 vad......ouuuuuuuu  sky could be the limit

[09:13] {Threei}  if you want premarket gamble, mags, here are two

[09:13] {Threei}  JPM can snapback harshly

[09:14] {Threei}  thin trading

[09:14] {ese} java up huge also.....news?

[09:14] {Threei}  ORCL bought it for 9.50

[09:14] {ese} ahhhh

[09:15] {wulff} [=======]

[09:15] {Threei}  I'll take it as "good morning"

[09:16] {Threei}  DNDN will probably be a hot battlefield again

[09:16] {jfjf64} mornin all

[09:17] {Threei}  jf :)

[09:21] {dino} gm all

[09:21] {Threei}  dino :)

[09:21] {Threei}  06:46am [LVS] JPMorgan Raised LVS to Overweight from Neutral, price target: $8

[09:24] {vinod} gm to all

[09:24] {Threei}  vinod :)

[09:25] {Threei}  US TREASURY SPOKESMAN: WE DO NOT HAVE RESULTS FOR THE STRESS TESTS YET

[09:29] {magoo} vad, wheres goio entry FAZ u think?

[09:29] {Threei}  I said earlier, .80 break

[09:29] {Threei}  now gotta wait for pullback or new consolidation

[09:30] {magoo} ok

[09:30] {magoo} cut me some slack

[09:30] {magoo} pain

[09:32] {Threei}  same for JPM... 32.10 was short trigger

[09:32] {magoo} yup

[09:32] {magoo} nice calls

[09:33] {ese} missed faz.....

[09:33] {Threei} Long Setup:  DNDN  .85 half lot

[09:33] {Threei}  stop under .70

[09:33] {Threei}  very risky

[09:34] {dptl} in

[09:34] {magoo} in 

[09:34] {Threei}  1:1

[09:34] {magoo} out .02 TY

[09:34] {magoo} full lot

[09:34] {Threei}  1:2, out

[09:35] {Threei}  scary thing

[09:35] {jfjf64} out ty

[09:35] {jfjf64} scary

[09:35] {Threei}  that's why half lot call

[09:35] {Threei}  for al but magoo {G}

[09:35] {dptl} out .03 ty

[09:35] {magoo} u want scary..take1k GS lol

[09:36] {magoo} DONT

[09:36] {Threei}  lol

[09:37] {Threei}  NTAP

[09:37] {Threei}  TICKING HIGHER AS CNBC GUEST SPECULATES ON COMAPNY'S PROSPECTS AS AN ACQUISITION TARGET AFTER RECENT JAVA/ORCL DEAL ANNOUNCEMENT

[09:37] {magoo} everyone expects and wants a pullbk in mkts...what would kill the most? a rally to green

[09:38] {Threei}  DNDN... sheesh

[09:38] {Threei}  BAC EXECUTIVE: REITERATES THAT MERRILL AND COUNTRYWIDE ADDED TO Q1 RESULTS -SLDIE PRESENTATION

[09:38] {ese} faz pulling back

[09:42] {Threei} Long Setup:  LVS  .20 break

[09:42] {dptl} in

[09:43] {dptl} stop under .10?

[09:43] {Threei}  stop for hardcore scalpers .14, for day trade under .10

[09:44] {ese} L faz .18

[09:44] {Threei}  no worky

[09:45] {dptl} stopped

[09:45] {Threei} Long Setup:  DNDN  .65 if stays above .50

[09:47] {dptl} in

[09:47] {magoo} in

[09:48] {ese} L faz again avg .22

[09:48] {Threei}  over 1:1

[09:49] {magoo} out .80 FL

[09:49] {magoo} ty 

[09:49] {dptl} ah out .75 ty

[09:50] {jfjf64} out.78 ty

[09:50] {wulff} out .79

[09:51] {magoo} hit-n-run day boyz :)

[09:52] {Threei}  and who is to know better than a guy on the crutches {G}

[09:52] {Threei}  MSF CEO: VERY SURPRISED BY ORACLE/SUN ANNOUNCEMENT

[09:52] {Threei}  {JAVA CSCO}

[09:52] {magoo} half way there vad

[09:53] {ese} out FAZ .34 +.12

[09:54] {Threei}  GE...

[09:54] {Threei}  looks like time to start looking for bounce

[09:54] {Threei}  .65 long if stays above .60

[09:55] {nemo} that sucked

[09:55] {Threei}  ?

[09:55] {nemo} let's just say the broadband connections in Maine are neither robust nor dependable

[09:56] {ese} wonder whats driving faz....technical?

[09:56] {Threei}  all finnies are very weak

[09:56] {Threei}  BAC report is not being perceived well

[09:56] {ese} dino what are you looking at...

[09:58] {dino} axys, rimm

[09:58] {dino} l ,25 intc

[09:58] {dino} titn

[09:58] {dino} vivo

[09:59] {dptl} still valid ge?

[09:59] {ese} short rimm around 66.60

[09:59] {dino} wtg

[09:59] {Threei}  I think so

[09:59] {dino} i want bounce, but gap way under

[09:59] {dptl} oh in .66

[10:00] {Threei}  *MAR LEADING INDICATORS: -0.3% V -0.2%E

[10:00] {ese} no....i haven't shortted rimm yet was thinking around 66.60 on a bounce

[10:00] {magoo} DNDN

[10:00] {dino} schw around 16.65

[10:00] {Threei}  CITI ANALYST NOTES JP MORGAN IS WELL POSITIONED TO PASS GOVERNMENT STRESS TESTS, DOES NOT SEE ANY NEED FOR FIRM TO RAISE MORE CAPITAL

[10:01] {dptl} stopped ge

[10:01] {dino} next jpm will say same about citi

[10:02] {Threei}  lol

[10:03] {Threei}  ummmm

[10:03] {Threei}  FED'S BERNANKE: GLOBAL ECONOMY CONTINUES TO EXPERIENCE UNUSUAL TRUBULANCE

[10:03] {Threei}  unusual?

[10:03] {Threei}  you don't say

[10:05] {ese} unusual turbulence??.....as opped to usual turbulence

[10:05] {Threei} Long Setup:  BAC  .30 break

[10:06] {ese} scary....this guy is in charge of the bigest economy in the world.....

[10:06] {Threei}  offer half just above .40, scalpers take profit

[10:06] {magoo} in bac

[10:06] {ese} missed it

[10:07] {nemo} yeah

[10:07] {dptl} missed

[10:07] {Threei}  DNDN... much as I hate to buy breaks on it, 20 looks very tempting

[10:08] {magoo} in 98

[10:09] {nemo} blew by my .01

[10:09] {nemo} BAC still good for entry?

[10:09] {magoo} out dndn TY vad

[10:09] {Threei}  see where it bottoms out on this pullback,

[10:10] {Threei}  buy recross of .30

[10:10] {nemo} yes

[10:10] {Threei}  good timing on DNDN exit mags

[10:10] {magoo} yeah..not bad for being doped up

[10:11] {dino} just say "no" magoo

[10:12] {Threei}  lol

[10:12] {ese} NILE dino

[10:14] {nemo} short bac on break of low?

[10:14] {Threei}  nah

[10:15] {Threei}  long is not working

[10:15] {Threei}  but short is very dicey

[10:15] {Threei}  BAC CEO: LOOKING ACROSS ALL BUSINESS UNITS FOR POSSIBLE DIVESTITURES; FIRST REPUBLIC IN PROCESS AT THE MOMENT - CONF CALL

[10:15] {Threei}  sheesh, conference call in progress

[10:15] {Threei}  leave it alone

[10:17] {Threei}  AMZN

[10:18] {Threei}  bounce must be close

[10:18] {ese} I don't understand what FAZ is......what does it represent

[10:18] {Threei} Long Setup:  AMZN  .50 break if stays above .30

[10:18] {Threei}  this is triple short of financial sector ese

[10:19] {Threei}  buying it you go short on finnies

[10:19] {ese} so it functions like QID ...opposite market

[10:19] {dptl} in amzn

[10:19] {Threei}  yes, only in financial secotr, not whole market

[10:19] {ese} tks ..got it

[10:21] {Threei}  market still hasn't stabilized

[10:21] {dptl} geez stopped amzn

[10:23] {dptl} was so fast -.33

[10:23] {nemo} relative volume is way up there so far

[10:25] {dino} axys sm l .15

[10:27] {nemo} Leading Economic Indicators Index in U.S. Fell 0.3% in March 

[10:27] {Threei}  [10:00] {Threei} *MAR LEADING INDICATORS: -0.3% V -0.2%E

[10:27] {nemo} computer problems

[10:29] {dino} ofix sm l .95

[10:30] {ese} L QID .98

[10:31] {Threei}  BAC CEO: COMPANY ABSOLUTELY DOES NOT NEED MORE CAPITAL

[10:32] {Threei}  market: we absolutely are not convinced

[10:33] {ese} out QID ..05 +.07

[10:33] {Threei}  anyone see any news on SCON?

[10:34] {ese} not I

[10:36] {cosmo} http://finance.yahoo.com/news/American-Superconductor-bw-14968727.html?.v=1

[10:37] {cosmo} ....sympathy

[10:37] {Threei}  that's some sympathy

[10:38] {cosmo} a stretch

[10:39] {cosmo} Department of Energy will award about $4 billion in grants under the stimulus package to improve the nation's electric grid.

[10:40] {dino} sm wide wynn l .49

06[10:41] * magoo slaps laserdave around a bit with a large trout

[10:43] {Threei}  why does MS defy gravity?

[10:44] {jfjf64} crazy

[10:44] {dino} titn sm l .08

[10:45] {Threei}  not anymore

[10:45] {jfjf64} lol

[10:46] {pita} will BAC bounde off 9?

[10:49] {Threei}  feels to me like bottom is close

[10:49] {Threei}  for everything - finnies and market

[10:49] {Threei}  and overrall... this whole drop has a taste of engineering

[10:50] {nemo} Plunge Production Team?

[10:50] {dino} well you are one by trade

[10:50] {dino} no, its options exp hangover from fri

[10:50] {nemo} oh...dino's going for your title vad

[10:57] {magoo} bounce time AAPL RIMM AMZN vad?

[10:57] {magoo} DNDN?

[10:57] {Threei}  don't puish mags

[10:57] {Threei}  I don't know

[11:02] {Threei} Long Setup:  CAT  .60 break if stays above .50

[11:04] -} *chanserv* ACCESS #floor ADD _rook 1

[11:04] {dptl} in

[11:04] {nemo} in

[11:05] {magoo} in

[11:06] {dptl} half out

[11:07] {nemo} half out

[11:07] {Threei}  1:1

[11:07] {jfjf64} out

[11:07] {magoo} im thinking .8area9

[11:08] {magoo} .80 area

[11:08] {ese} Lfaz .45

[11:09] {dptl} out more .79

[11:09] {nemo} out .79

[11:10] {Threei}  1:2

[11:11] {dptl} all out .87 ty

[11:11] {Threei}  welcome, well played

[11:11] {ese} out faz .50 +.05

[11:11] {dptl} +.10 +.19 +.27

[11:13] {dino} strange, big drop and sits

[11:14] {dino} gj guys

[11:15] {magoo} waiting .97

[11:15] {magoo} greeddy i guess

[11:15] {wulff} bad kitty

[11:15] {ese} should be bounce time aapl......i'm with ya mags

[11:17] {dino} vivo l .55, stop lod

[11:18] {Threei} Long Setup:  RIMM  .55 break

[11:18] {Threei}  if stays above .40

[11:18] {wulff} still feel a rally coming

[11:18] {Threei}  me too

[11:19] {Threei}  timing is not easy

[11:19] {Threei}  but gotta try

[11:19] {ese} thats what i'm thinkin for rimm vad

[11:19] {magoo} in rimm

[11:20] {dptl} in rimm .58

[11:20] {nemo} missed

[11:20] {Threei}  if this is it, RIMM 66 should be easy

[11:20] {ese} l rimm

[11:20] {ese} .43

[11:21] {nemo} in rimm

[11:21] {magoo} just do not rinse us mother mrk

[11:21] {magoo} market

[11:22] {ese} 2nd that

[11:22] {Threei}  would like to see now .50 holding, .65 - .70 zone taken

[11:23] {magoo} kickin CAT

[11:23] {dptl} out some .70

[11:23] {Threei}  and next spike should take us into .80 - .85 zone

[11:23] {ese} out rimm .66 =}23

[11:23] {ese} +.23

[11:25] {magoo} changing cat exit 31.07

[11:25] {dino} gj

[11:25] {nemo} half out rimm .72

[11:25] {Threei}  half out RIMM .76

[11:26] {nemo} where stop .56?

[11:26] {magoo} out CAT .93 changed monid TY

[11:26] {Threei}  .54 for me

[11:26] {Threei}  welcome mags

[11:30] {nemo} out rimm

[11:31] {dptl} out last rimm

[11:32] {ese} whoaaa it wasn't rimm i was in it was apple.......might be time to stop trading today

[11:32] {Threei}  lol ese

[11:32] {nemo} wow ese

[11:33] {ese} didn't see the symbol, just the pattern.....thought it was rimm

[11:33] {Threei}  as long as you make money...

[11:33] {ese} I did

[11:33] {nemo} trading in zen,,,subconscious trading

[11:34] {magoo} out rimm .69 TY vad

[11:34] {Threei}  ese gives new meaning to "kicking a$$ and taking names"

[11:34] {ese} bizzare ...was looking at order confirmations and went....where the hell is rimm....weird

[11:34] {dino} nice

[11:34] {magoo} fell out of chaird

[11:34] {magoo} layte post

[11:38] {nemo} RIMMM seting up again?

[11:38] {Threei}  not sure

[11:38] {Threei}  no conviction yet

[11:38] {jfjf64} lk that

[11:38] {nemo} me neither, that's why I asked?  .ooks like NDX might be picking up

[11:39] {Threei}  you guys make me feel better about my typing today

[11:39] {Threei}  last 5 lines, not a single one of them is typed without mistakes {G}

[11:41] {dptl} cat?

[11:41] {Threei}  chart is too perfect...

[11:42] {Threei}  10 cents risk... try break if you are fine with that

[11:42] {Threei}  but honestly...

[11:42] {Threei}  it feels like a trap

[11:43] {dino}  caught in a trap, can't get out

[11:43] {dptl} ok ty ....i'll leave it :)

[11:43] {jfjf64} bg trap

[11:43] {dino} ofix stopped -.22

[11:43] {Threei}  how about that?

[11:43] {Threei}  hit the wall with its forehead

[11:43] {dptl} yep

[11:43] {dino} evil baby

[11:44] {dino} oppsd elvis

[11:44] {Threei}  fell and can't get up

[11:44] {Threei}  stopes are flushed out, will bounce soon

[11:45] {Threei}  can't find exact entry for now

[11:45] {Threei}  either it just jumps back up with no indications anmd we miss it

[11:45] {Threei}  or it forms a little range for us

[11:46] {ese} L aapl .38

[11:46] {Threei}  ok... .76 long if holding above .70

[11:46] {Threei}  for scalpers olnly

[11:47] {magoo} wow DNDN clubbed

[11:47] {pita} RIMM?

[11:47] {dino} do not do not=dndn

[11:48] {dptl} in cat .76

[11:48] {Threei}  don't know pita, no read on RIMM here

[11:49] {pita} missed the thread - .76 long what?

[11:49] {nemo} stopped cat

[11:49] {Threei}  stopped anyway

[11:49] {pita} k

[11:49] {Threei}  so you are fortunate to have missed it

[11:49] {dptl} stopped

[11:49] {pita} :)

[11:49] {Threei}  DNDN is a widowmaker

[11:50] {Threei}  good thing we got our plays early on it

[11:50] {dptl} -.08

[11:50] {dino} ctrp

[11:53] {ese} out aapl .66 + .28

[11:54] {Threei}  eeck

[11:54] {nemo} grrrrrr cat

[11:54] {Threei}  shakeout

[11:54] {dptl} yep

[11:59] {Threei}  CME

[11:59] {Threei}  SUSPENDS ENERGY AND METALS TRADING ON GLOBEX DUE TO TECHNICAL ISSUES, NYMEX FLOOR ACTIVITY IS NORMAL - CNBC

[12:01] {ese} vad would you say that that big volume spike in the qqqq is a botom or reversal

[12:01] {Threei}  neither

[12:01] {Threei}  it doesn't have much significance

[12:02] {ese} pour quo?

[12:02] {Threei}  could be anything really

[12:02] {ese} ok was thinking about going long rimm

[12:03] {Threei}  nah

[12:03] {ese} but won't

[12:05] {Threei}  keep an eye on your FITB ese

[12:05] {Threei}  very sizeable drop for this one

[12:05] {Threei}  when financials bounce, should do well

[12:06] {Threei}  CNN asks:

[12:06] {Threei}  BAC showed good results, why is the market selling?

[12:07] {Threei}  you CNN guys need to attend by next seminar in Freeport, I'll explain how it works

[12:08] {ese} definately vad.......kinda keep one eye on it most days

[12:09] {dino} micc

[12:10] {Threei}  this week 531 companies reporting in 12 economic sectors and in 106 industries

[12:12] {Threei}  IBM IS HIGHLY UNLIKELY TO MAKE NEW JAVA BID - WSJ

[12:13] {magoo} long spy .12 here

[12:13] {magoo} time for a bounce

[12:14] {Threei}  talk about hedging your bets:

[12:14] {Threei}  BRCM

[12:14] {Threei}  HEARING MORGAN STANLEY MAKES MILDLY POSITIVE COMMENTS; MAINTAINS UNDERWEIGHT RATING AHEAD OF EARNINGS REPORT TOMORROW (TIMING UNCERTAIN)

[12:14] {Threei}  - hearing Morgan expects it may raise estimates for BRCM after the earnings release tomorrow.

[12:14] {magoo} roflol

[12:14] {magoo} i want that job

[12:15] {Threei}  if MS was to date BRCM, it would be analog to: You may or may not be cute; tomorrow after you get the result of your audition for that modeling gig I may or may not call you

[12:16] {dino} and the public pays for this

[12:25] {dptl} pep 50 break?

[12:25] {Threei}  chart wise, yes...

[12:26] {Threei}  it just feels to me like market is in a process of bottoming out

[12:26] {dptl} ok ty

[12:28] {dino} idcc sm l .00

[12:29] {wulff} That is a RIMM tight stop

[12:32] {magoo} will be heck of a read if comes true vad

[12:32] {Threei}  on what?

[12:32] {magoo} [12:27] {&Threei}  it just feels to me like market is in a process of bottoming out

[12:32] {Threei}  oh... you assume I can read what I type

[12:32] {Threei}  which a heck of a stretch

[12:32] {nemo} or type what you think

[12:32] {Threei}  or that I think at all

[12:37] {nemo} Hey ese?  You in RIMM, I mean AAPL, no...RIMM?

[12:38] {dino} he can't give that away nemo, :)

[12:39] {Threei}  mostly 'cause he isn't sure?

[12:40] {magoo} out spy stopped 

[12:41] {dino} i'm going to have to flip the coin

[12:43] {ese} hey nemo.....stepped away fo a minute.....whatssaa hapinnin

[12:43] {dino} tails it is, we go up

[12:43] {Threei}  I agree

[12:43] {Threei}  wulff, you in RIMM?

[12:44] {dino} it's a contrary coin

[12:45] {dino} micc is taunting me

[12:46] {nemo} I'm trading from a remote site today ese..bandwith challenged

[12:48] {magoo} ok mkts its REALLY time now 

[12:48] {nemo} Anybody in RIMM?

[12:49] {wulff} yes

[12:49] {magoo} i took aapl

[12:49] {magoo} .40

[12:49] {wulff} half lot

[12:49] {Threei}  looks good for move over 66 this time

[12:49] {dino} 12:50 has ben the time

[12:49] {dino} been

[12:50] {Threei}  here comes the shake, and this should be the last one before ramp up

[12:52] {larisa} you noticed i am not betting against you just for the sake of it ? :)

[12:53] {Threei}  I did bu tI attributed it to you being relxed after the weekend

[12:53] {Threei}  by tomorrow you should be back in shape

[12:53] {dino} is larisa making snowballs again?

[12:53] {larisa} no it is raining like crazy :)

[12:54] {dino} same here

[12:54] {Threei} Long Setup:  DRYS  .30 break if stays above .20

[12:56] {magoo} in

[12:56] {Threei}  did it break?

[12:57] {magoo} yup

[12:57] {Threei}  lol

[12:57] {Threei}  you are so impatient

[12:57] {dptl} in

[12:57] {magoo} well..i waited to answer u lol

[12:57] {Threei}  true... sorry

[12:58] {nemo} did I miss any calls

[12:58] {magoo} rimm aapl drys

[12:58] {wulff} your mom called

[12:58] {Threei}  lol

[12:58] {Threei}  you guys are brutal today

[12:58] {nemo} my mom's dead

[12:59] {dino} that contrary nickle is pretty good

[12:59] {wulff} keep forgetting that.,.,,apologies

[12:59] {Threei}  sure is

[12:59] {ese} anymore word on the banking sector vad

[12:59] {nemo} contrary to ese's comment last week, she never wore boots

[13:00] {Threei}  no ese... except general perception that it stinks

[13:00] {ese} hmmmmmmmm  maybe will wait a bit before I wade into fitb

[13:03] {ese} well as long as faz is heading up...it would not be a smart idea to enter fitb

[13:03] {Threei}  right

[13:08] {dino} hmmmm hewad fake

[13:08] {dino} head

[13:08] {nemo} "hewad"  is that arabic or farsi?

[13:09] {magoo} out

[13:09] {dptl} stopped

[13:10] {dptl} drys

[13:10] {jfjf64} stopped  drys

[13:10] {pita} later guys - happy hunting

[13:10] {Threei}  take care pita

[13:10] {dino} wynn stopped

[13:12] {magoo} i hate drys

[13:12] {magoo} boring stock..then kills ya

[13:17] {ese} outta here for day all....see you tomorow.

[13:17] {dino} vivo stop to b/e

[13:27] {magoo} BAC clubbed CLUBBED

[13:28] {nemo} red headed stepchild

[13:29] {dino} imagine if missed

[13:30] {dino} cpf-3.50

[13:30] {dino} cof

[13:30] {dino} ebix?

[13:33] {Threei}  can't shake out feeling this whole selloff today is nothing but shakeout

[13:33] {Threei}  FAS strong bounce

[13:34] {Threei}  FITB time probably

[13:38] {vinod} you guy must making a lot today--i missed

[13:39] {Threei}  hit and miss actua;;y

[13:39] {Threei}  a few nice ones, a few stops

[13:44] {magoo} bac pushed up

[13:51] {dino} ebix sm l .40

[13:51] {dino} did not expect that

[13:53] {nemo} What Dino?

[13:54] {vinod} earning season is alwyas tough

[13:56] {wulff} Bank selloff seems way overdone to me...but I am only me

[13:57] {nemo} middle name Sybil wulff?

[13:57] {wulff} as in head spin

[13:58] {nemo} nahhh. that was Linda Blair.  Sally Field's

[13:59] {wulff} not familiar

[13:59] {nemo} I'm feeling old

[14:00] {dino} ton fill ebix nemo, was waiting hours for that

[14:01] {nemo} oh

[14:01] {dino} to, my typing sucks

[14:01] {nemo} No problem, I'm getting better at reading Vaddish

[14:05] {Threei}  CNN just said that Barney Frank is a major player in govt responce to financial crisis

[14:05] {Threei}  I thought he was one is originating the crisis

[14:05] {Threei}  is = in

[14:08] {dino} he is

[14:08] {dino} but the dems won, so rewrite the books

[14:08] {vinod} Barney Frank is nemo's favority politician?

[14:08] {Threei}  hey, then he must be the right person to respond to crisis

[14:08] {nemo} wow

[14:08] {Threei}  right?

[14:09] {vinod} both are from mass

[14:09] {nemo} saying he's my favorite politician is like trying to choose between poison ivy, oak, or sumac

[14:09] {Threei}  I built this thing, I know how to destruct it

[14:09] {nemo} destruct=destroy

[14:09] {larisa} makes sense to me :)

[14:09] {Threei}  scary, isn't it, Larisa?

[14:10] {nemo} what, that she makes sense to you?

[14:10] {larisa} lol

[14:10] {Threei}  anyone to whom I make sense must be scared

[14:10] {nemo} yeah, makes suicide a viable option

[14:13] {dino} conversations really tanget off here lately

[14:14] {Threei} Long Setup:  FAS  .32 if stays above .25

[14:20] {Threei}  US REP FRANK: SUPPORTING MAKING BANK STRESS TESTS PUBLIC; SUGGESTS RELEASE OF INDIVIDUAL RESULTS, NOT RELEASE AS A GROUP

[14:20] {Threei}  - Does not believe Congress would be willing to offer more TARP funds

[14:20] {Threei}  - Not worried about runs on weaker banks

[14:30] {Threei} Long Setup:  FAS  .27 if stays above .20

[14:33] {magoo} .

[14:33] {nemo} @

[14:34] {Threei}  any meaning to that, or just more work for janitor after hours?

[14:34] {nemo} it's inocuous enough for the janitor to ignore

[14:34] {nemo} eh...custodial engineer

[14:36] {Threei}  invalidating second setup

[14:36] {larisa} this market is not funny joke

[14:36] {nemo} RIMM DBI on 5 minute

[14:37] {Threei}  it's just taking a rest after 40 days rally

[14:37] {nemo} tomato tomato

[14:37] {nemo} tomato tomahto

[14:38] {Threei}  janitor's getting iriitatedc

[14:38] {larisa} lol 

[14:38] {nemo} irradiated

[14:39] {nemo} ? would that have been a sufficient DBI setup on 1 minute chart of RIMM between...oh...2:05 and 2:25?

[14:40] {Threei}  pretty much, yeah

[14:40] {nemo} ty

[14:41] {dino} bounces hitting

[14:42] {Threei}  FITB didn't make new low this time with FAS

[14:42] {Threei}  .70 break worth a try with stop under .60

[14:42] {Threei}  slow one

[14:42] {Threei}  could take a while

[14:43] {dino} out axys .50, +.35

[14:43] {nemo} in

[14:44] {dino} ebix stop to .98

[14:44] {nemo} am I the only one in FITB?

[14:44] {Threei}  frikin FAS finally staged comeback but with no setup

[14:45] {dino} vivo stop to .90

[14:46] {magoo} f'$#$&^%#@ market today

[14:47] {dino} vivo to .95\

[14:48] {dino} ebix top .00

[14:48] {dino} to

[14:50] {dino} out vivo .00, +.45

[14:52] {dino} out ebiux .01, +.61

[14:52] {dino} bunch of all dayers but worked

[14:53] {Threei}  nice dino

[14:53] {larisa} gj, dino likes thin stocks :) thin girls too ? :)

[14:53] {dino} indeed, ;-)

[14:54] {larisa} dunno whats with men and models :) vad was dreaming about model earlier

[14:54] {dino} i was dreaming of you

[14:55] {larisa} nightmare 

[14:55] {dino} lol]\

[14:55] {Threei}  I was?

[14:55] {dino} lol

[14:55] {nemo} more work for the custodial engineer

[14:56] {larisa} sure vad, not for yourself, for RIMM i think :)

[14:56] {Threei}  ah... that's me, sharing generously

[14:57] {Threei}  major difficulty with this market setback is to determine whether it's a one day deal ad most of previous red days, or it's a prolonger pullback

[14:58] {Threei}  ad = as

[14:58] {larisa} would not we have bounces if it was healthy pullback ?

[14:59] {larisa} looks so ugly and strange

[14:59] {Threei}  didn't we?

[15:00] {Threei}  FAS 13:30

[15:00] {Threei}  11:15

[15:01] {Threei}  SCON, mama mia

[15:01] {nemo} You know it's serious when he starts speaking itlian

[15:01] {nemo} italian

[15:02] {dino} tbsi gap fillwed.

[15:03] {dino} rimm trying

[15:03] {dino} appl 117.50s

[15:06] {dino} i mean rimm trying to fill gap

[15:06] {dino} from wed

[15:11] {Threei}  rofl

[15:11] {Threei}  spam mail from bride-to-be astarts with:

[15:11] {Threei}  Hello my the surprised friend!

[15:12] {nemo} should we change the stop on  FITB?

[15:13] {Threei}  no

[15:13] {Threei}  My name ... and I wish to take away from you at all a lot of time and to penetrate in my letter!

[15:13] {Threei}  I'

[15:13] {Threei}  ll be back in a week

[15:13] {Threei}  I need to put sticthes

[15:16] {dino} vad, your wife is going to kill you when she finds out you're engaged

[15:18] {Threei}  engaged? I am merely the surprized friend

[15:20] {dino} don't lie to us vad

[15:20] {vinod} it call having a lust?

[15:21] {vinod} Jimmy Carter

[15:24] {Threei}  SCON, I am crying

[15:24] {Threei}  fas

[15:25] {Threei}  Prez is about to make a statement at CIA

[15:25] {Threei}  FAS is losing support again

[15:26] {nemo} doesn't that make fitb suspect?

[15:26] {Threei}  it puts FITB to test

[15:26] {Threei}  if it can hold .60, great

[15:26] {Threei}  relative strength will make it even better candidate

[15:26] {dino} titn to b/e

[15:27] {Threei}  so far, FAS makes new lows, FITB doesn't

[15:27] {nemo} Any impact regarding the time of day in a market pull back day?

[15:28] {Threei}  shrug

[15:28] {Threei}  you are overthinking it

[15:28] {Threei}  it's a valid play

[15:28] {Threei}  let it work out

[15:28] {Threei}  it will work or it will not

[15:29] {Threei}  Prez on TV

[15:29] {nemo} so, what happens if he says the CIA owns a big bank?

[15:30] {Threei}  ok mags... do we get big FAS bounce on last 30 min or this thing is hopeless today?

[15:31] {Threei}  CEO LEWIS: ONCE AGAIN REITERATES THAT BOA DOES NOT NEED MORE CAPITAL; SHARE CONVERSION IS UP TO REGULATORS, OUT OF HIS HANDS - CNBC

[15:31] {Threei}  - reiterates would like to repay TARP funds starting this year, but that the timing is in the hands of regulators.

[15:31] {Threei}  - Have ruled out selling credit card business, but expects to see some changes in card lending.

[15:32] {Threei}  what the deuce?

[15:33] {Threei}  FITB almost 1:1

[15:36] {dino} stewie

[15:38] {Threei}  FAS must be setting up for another bounce

[15:39] {Threei}  crossback of 7 if holding above .95

[15:39] {Threei}  not holding

[15:40] {nemo} FITB doing o.k. though

[15:40] {Threei}  very much so

[15:41] {nemo} overnite it, or line up for morning?

[15:41] {Threei}  depends on your risk tolerance

[15:41] {Threei}  I'll take it

[15:42] {Threei}  but to recommend overnights in this environemt...

[15:42] {Threei}  tough thing to do

[15:42] {jfjf64} fas??

[15:42] {nemo} they report Thursday

[15:42] {Threei}  jf?

[15:42] {nemo} FITB that is

[15:42] {jfjf64} k

[15:45] {Threei}  feels like one more bounce

[15:45] {Threei}  in FAS

[15:45] {Threei}  7 break if holding 6.90

[15:47] {Threei}  come on FAS, you can't be that spineless

[15:49] {Threei}  (GE) GERMAN CHANCELLOR MERKEL: ECONOMIC CRISIS MAY BE APPROACHING BOTTOM - FT

[15:50] {nemo} stoppe fas

[15:50] {Threei}  FAS says it can

[15:51] {Threei}  FITB's holding

[15:53] {Threei}  ARGUS CUTS JAVA TO SELL FROM HOLD (TIMING UNCERTAIN)

[15:53] {Threei}  huh?

[15:54] {Threei}  Argus needs real time news supply

[15:54] {Threei}  or any news supply for that matter

[15:55] {dino} roflol, that was a good one

[15:55] {nemo} RIMM ha a nice comeback

[15:55] {dino} dino says target 9.50 unless deal falls through

[15:56] {Threei}  or unless IBM comes back with higher bid

[15:56] {dino} ok, i guess i'm not at analyst level yet

[15:57] {dino} titn out .10, +.02

[15:57] {Threei}  why, it's a team woerk

[15:57] {Threei}  so far, today is contained within reasonable pullback

[15:57] {Threei}  which means we still don't know

[15:57] {Threei}  FAS selloff is not a reasonable pullback, this is exxcessive

[15:57] {jfjf64} spinless

[15:58] {jfjf64} fas

[15:58] {dino} out idcc .99, -.01

[15:59] {jfjf64} later all

[15:59] {Threei}  this is sheesr panic

[15:59] {Threei}  I am taking some FAS overnight

[15:59] {Threei}  not suggesting you do the same

[15:59] {dino} well, when yobama talks about nationalizing tarp banks, you get this

[16:00] {larisa} long ?

[16:00] {Threei}  yes

[16:00] {Threei}  not really happy with today

[16:00] {dptl} have a good evening all

[16:00] {Threei}  there qwere a few nice plays but stops, even though well controlled, were a few too many

[16:00] {larisa} bye all

[16:00] {Threei}  oh well

[16:00] {Threei}  thank you all, see you tomorrow

[16:01] {nemo} gnite

Apr 17 2009

Slow and borning day. Profitable overall, with nice scalps here and there, couple small stops and couple nice plays like STSI. 

  

Session Time: Fri Apr 17 00:00:00 2009

[07:54] {Threei}  Good morning sleepless souls

[07:56] {Threei}  sleepless in, let's see... Germany, Vancouver, Boston... sorry tom, forgot your hometown... dee?

[07:58] {fernp} Hello from sevilla - Spain 

[07:58] {Threei}  fern :)

[07:58] {Threei}  I got it... the rest connects without waking up

[07:59] {Threei}  DRUS

[07:59] {Threei}  OPPENHEIMER RAISED DRYS TO OUTPERFORM FROM MARKET PERFORM, PRICE TARGET: $8

[07:59] {Threei}  DRYS

[08:00] {Threei}  that's after yesterday's after hourts:

[08:00] {Threei}  [16:07] {Threei} DRYS

[08:00] {Threei}  [16:07] {Threei} ANNOUNCES COMPLETION OF THE "ATM" EQUITY OFFERING

[08:00] {Threei}  [16:07] {Threei} - The company announced today the completion of the ATM Equity Offering(SM) in which the Company raised gross proceeds of approximately $500 million since commencing the offering pursuant to the prospectus supplement filed on January 28, 2009.

[08:02] {Threei}  C is so darn complicated

[08:03] {Threei}  [C] Citigroup Inc Reports Q1 -$0.18 v -$0.34e, R $24.8B v $21.9Be

[08:03] {Threei}  - Q1 includes $7.3B in net credit losses

[08:03] {Threei}  - Does not plan to suspend distributions on preferred shares

[08:03] {Threei}  and a hwole bunch of other numbers

[08:03] {Threei}  plus incredibly confusing case with this:

[08:03] {Threei}  timing of exchange offers

[08:03] {Threei}  - Continues to finalize definitive documentation with the U.S. government regarding the governments previously announced commitment to exchange a portion of its preferred shares with an aggregate liquidation value of up to $25B for interim securities and warrants.

[08:03] {Threei}  - Citi is also working to complete the customary SEC review process with respect to the public exchange offers announced on February 27. Although significant progress has been made on these matters, the process is not yet complete.

[08:03] {Threei}  - Given the now anticipated proximity of the announcement of stress test results by the U.S. government, the proposed exchange offer will not be launched until the conclusion of the industry stress tests.

[08:13] {Threei}  Larisa... don't even

[08:13] {larisa} what, day of no "good mornings" ?

[08:14] {Threei}  good morning of course :)

[08:14] {Threei}  that was pre-emptive strike

[08:14] {larisa} gm :)

[08:14] {Threei}  who knows what you had in mind

[08:14] {Threei}  esp[ecially when you are winning a bet

[08:15] {Threei}  better to be on alert, and strike first

[08:15] {larisa} lol

[08:16] {cosmo} hmmm....the stress must be getting to him

[08:17] {Threei}  stress?

[08:17] {cosmo} all the tests

[08:17] {Threei}  me is stress-free

[08:18] {cosmo} ah ... ic

[08:18] {cosmo} now i got it

[08:18] {Threei}  one thing I fret about is "will the bacon come out right this morning?"

[08:18] {cosmo} and what does that look like?

[08:19] {cosmo} no winkels?

[08:19] {cosmo} wrinkels

[08:19] {cosmo} wrinkles...

[08:19] {Threei}  it's a complicated combination of crispiness and juiciness

[08:20] {Threei}  crunchy but not burned

[08:20] {Threei}  takes skill

[08:20] {cosmo} iron stomach

[08:20] {tomg} good morning all from Tennessee :)

[08:20] {Threei}  tom :)

[08:20] {Threei}  FED'S FISHER: REITERATES THAT THE FED IS CONSIDERING EXPANDING THE TALF

[08:21] {Threei}  we haven't spent enough money yet I guess

[08:21] {cosmo} talf?

[08:21] {Threei}  who cares... acronyms for the ways to throw money around grow by hour now

[08:22] {Threei}  TARP, TALF, SofTARP

[08:22] {cosmo} omg

[08:22] {Threei}  BALTIC DRY BULK INDEX +4.9%, FIFTH CONSECUTIVE GAIN

[08:25] {Threei}  GE

[08:25] {Threei}  PROFITABLE'' FINANCE ORIGINATIONS TO ACCELERATE FROM 2Q - CONF CALL

[08:25] {cosmo} so... a soft tarp makes hit easier to hit bottom?

[08:25] {Threei}  they think so

[08:25] {Threei}  I disagree

[08:25] {cosmo} me too

[08:25] {Threei}  I don't like hitting the bottom for years

[08:26] {vinod} good morning

[08:26] {cosmo} you want to stres it out?

[08:26] {cosmo} streatch

[08:26] {Threei}  vinod :)

[08:26] {Threei}  try again?

[08:26] {cosmo} stretch?

[08:27] {Threei}  just opposite

[08:27] {Threei}  I prefer acute but short pain

[08:27] {Threei}  04/17/09 06:30am

[08:27] {Threei}  [GE] General Electric Co Reports Q1 $0.26 v $0.21e, R $38.41B v $39.8Be; Order backlogs steady

[08:27] {Threei}  - Q1 Total Order backlog $171B v $172B q/q

[08:27] {Threei}  - Q1 Energy Infrastructure Rev $8.24B v $11.4B q/q

[08:27] {Threei}  - Q1 Tech Infrastructure Rev $10.4B v $12.6B q/q

[08:27] {Threei}  - Q1 GE Capital Finance Rev $13.1B v $14.8B q/q

[08:27] {Threei}  - Q1 NBC Universal Rev $3.52B v $4.43B q/q

[08:27] {Threei}  - Q1 Industrial Sales Rev $2.22B v $31.8B q/q

[08:27] {Threei}  - CEO Immelt: Estimated stress-test results showed that we do not need to raise additional capital even in the Feds adverse-case scenario.

[08:27] {Threei}  - Capital Finance earned $1.1B in the quarter and remains on track to be profitable for the full year

[08:27] {Threei}  - Revenues and profitability declined year-over-year in our financial services business and we continue to experience rising delinquencies

[08:31] {pita} gm everyone

[08:32] {Threei}  pita :)

[08:32] {Threei}  C CFO: Q1 STRONGEST QUARTER IN OVER ONE YEAR -CONF CALL

[08:35] {Threei}  OPERATING PROFITS CONTINUE TO RISE DESPITE ASSET VALUE FALLS -CONF CALL

[08:35] {Threei}  - Expenses were down 23% y/y in Q1

[08:35] {Threei}  - Credit costs rose by $4.4B

[08:38] {ese} i think i'm in.........

[08:38] {nemo} ese!!!

[08:38] {Threei}  you sure are

[08:39] {ese} another day of repreive........it has taken over a week for the royal bank to get me my visa card....it's still not here....

[08:40] {ese} hey nemo

[08:41] {nemo} yo ese

[08:41] {Threei}  you still have any DRYS ese?

[08:41] {ese} no........

[08:41] {ese} just playing in and out

[08:42] {ese} made about 5000 a week or so back and have been just in and out since

[08:44] {ese} whats it up to vad...drys that is

[08:44] {nemo} 6.22

[08:44] {ese} sorry ...news wise?

[08:45] {Threei}  [07:59] {Alert} Threei OPPENHEIMER RAISED DRYS TO OUTPERFORM FROM MARKET PERFORM, PRICE TARGET: $8

[08:45] {Threei}  [07:59] {Alert} Threei DRYS

[08:45] {ese} ahhhhhh nice

[08:45] {Threei}  [08:00] {Alert} Threei that's after yesterday's after hourts:

[08:45] {Threei}  [08:00] {Alert} Threei [16:07] {Threei} DRYS

[08:45] {Threei}  [08:00] {Alert} Threei [16:07] {Threei} ANNOUNCES COMPLETION OF THE "ATM" EQUITY OFFERING

[08:45] {Threei}  [08:00] {Alert} Threei [16:07] {Threei} - The company announced today the completion of the ATM Equity Offering(SM) in which the Company raised gross proceeds of approximately $500 million since commencing the offering pursuant to the prospectus supplement filed on January 28, 2009.

[08:45] {ese} should be in play a bit today then.....

[08:51] {Threei}  what's with BCON

[08:55] {dptl} good morning

[08:56] {Threei}  dp :)

[08:56] {ese} ddddddpppppp!!!!!

[08:56] {dptl} :)

[09:00] {dino} gm all

[09:01] {Threei}  dino :)

[09:02] {ese} top of the morn to ya dino

[09:03] {ese} or if you were drinkin last night ...bottom of the morn

[09:06] {dino} lol i am fine

[09:07] {ese} everythings been going up steadily since Mar 09......gotta figure at some point?????

[09:08] {dino} feeling the same es

[09:08] {dino} lots of gaps below

[09:08] {ese} kinda waitin for it.....want to practise shorting

[09:09] {ese} small lots

[09:09] {dino} s/p 1st 825, 811, 768

[09:09] {dino} ndx 1251, 1187, 1043

[09:09] {dino} dji 775 7273, 6547

[09:09] {magoo} ;lrsgkpkrgJKO:SR

[09:10] {Threei}  magoevsky :)

[09:10] {ese} cool language mags.......good morning to you as well

[09:12] {ese} tons of gaps on the NDX dino ...jumpin

[09:12] {patience} good morning RT  :)

[09:13] {ese} morning patience

[09:13] {dino} ire pain 

[09:13] {Threei}  patience :)

[09:14] {dino} ndx, see above es

[09:15] {magoo} man goog hit 410 afterhrs, then retreated to 380

[09:15] {ese} ya checked them out....was just making note of your post

[09:16] {ese} do you play goog mags......that would scare the begeeesus out of me

[09:16] {magoo} occassionally...very dangerous

[09:17] {Threei}  magooski, admin asked to ask you to check your e-mail

[09:17] {magoo} already did it vad

[09:18] {Threei}  cool... I hope he didn't send you viagra spam

[09:18] {magoo} u can buy viagra now in a spam lunch meat..cool?

[09:19] {magoo} oh oh..today expirations

[09:20] {cosmo} DRYS seems to hold 6.15   ...for now

[09:20] {ese} Vad....could check out fas pre market .....does that look like a low to you

[09:20] {dino} i'd better warn your wife

[09:21] {dino} magoo likes his spam

[09:23] {Threei}  don't know ese... a lot of things in play here, with C and GE reports

[09:23] {Threei}  let's see what happens after open and wait for setups

[09:23] {cosmo} and more spam

[09:24] {dino} bti

[09:24] {dino} 5 day wicked

[09:25] {cosmo} DRYS pre mkt high (spike) = 6.44 fyi

[09:27] {dino} icui

[09:29] {Threei}  04/17/09 08:30am

[09:29] {Threei}  [PCYC] Pharmacyclics Inc Announces Global Strategic Alliance with Les Laboratoires Servier

[09:29] {Threei}  - The alliance will focus on the research, development, and commercialization of Pharmacyclics'' PCI-24781, an orally active, novel, small molecule inhibitor of Pan HDAC enzymes, that is currently in Phase I/II clinical trials in the United States and being developed for the treatment of solid tumors and hematologic malignancies. Pharmacyclics expects that this alliance will enable it to aggressively pursue its goal of developing and commercializing its innovative anti-cancer Pan HDAC inhibitor agents.

[09:30] {Threei}  Pharmacyclics will receive from Servier upfront payments totaling $11M on signing the contract and an additional guaranteed $4M for research collaboration over a 24 month period, paid in equal increments every 6 months with the initial payment due October 1, 2009. Servier will pay for all development costs outside the United States.

[09:30] {Threei}  - In addition Pharmacyclics will receive $24.5M based on the achievement of certain milestones up to and including commercialization.

[09:31] {ese} in and out of ORCL .01 in out .17 6 lots

[09:32] {ese} +.16

[09:32] {Threei} Long Setup:  STSI  5 break

[09:32] {nemo} small shares?

[09:32] {ese} yes

[09:33] {ese} small liquidity nemo

[09:33] {nemo} wow look at tht inet offer

[09:35] {Threei} Long Setup:  GE  .95 if holding .85

[09:37] {dptl} in stsi

[09:38] {magoo} in stsi

[09:38] {dptl} stop .94?

[09:39] {Threei}  half out .10

[09:40] {dptl} half out ty

[09:40] {ese} watching drys for pullback

[09:42] {ese} dino if you get a chance SOHU

[09:43] {dino} on it

[09:43] {Threei}  wow DRYS

[09:43] {Threei}  come on, give us a pullback

[09:43] {ese} indeed

[09:43] {dino} 45 strike

[09:44] {dino} the china plays really move

[09:44] {Threei}  GE

[09:44] {Threei}  EXEC: DO NOT EXPECT GE CAPITAL TO BE SUBJECT TO GOVERNMENT STRESS TESTING - CONF CALL Q&A

[09:44] {dino} 45 too much tho, 

[09:44] {ese} for sohu dino?

[09:46] {Threei}  stop is just under 5 for those who hold balance of STSI

[09:47] {ese} l drys .34

[09:47] {dino} y es

[09:47] {dino} too much, i wait small 46.51

[09:49] {dino} egg shell markets today

[09:49] {nemo} Wile E.  off the cliff...looking down?

[09:50] {ese} l drys again avg .37

[09:50] {cosmo} 6.44 hod drys

[09:51] {dino} isrg show again

[09:53] {dino} sm s icui .09

[09:53] {Threei}  F

[09:53] {Threei}  UPDATE: PRICE TARGET RAISED TO $3 FROM $1 AT CREDIT SUISSE,

[09:53] {Threei}  question: what's wrong with this picture?

[09:53] {wulff} GE

[09:54] {dino} ahh, its at 4

[09:54] {Threei}  do these guys have any slightest touch with common sense?

[09:54] {magoo} out .14 here TY vad

[09:54] {ese} l drys avg .33

[09:54] {Threei}  STSI mags?

[09:54] {magoo} yup

[09:54] {Threei}  k

[09:54] {magoo} FL

[09:54] {dino} sohu to "sell" db

[09:55] {ese} don't try this at home....

[09:55] {Threei}  APR PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 61.9 V 58.5E

[09:55] {Threei}  no, seriously

[09:55] {Threei}  you had target $1

[09:55] {Threei}  stock hits 4

[09:55] {Threei}  you don't say sell?

[09:56] {Threei}  OK, let's assume you change your mind,

[09:56] {Threei}  and now think it goes higher, in which case you don't issue sell recomendation,

[09:56] {Threei}  but how can you assign target $3 to a stock that trades at $4?

[09:56] {Threei}  doesn't it mean sell by default?

[09:56] {dino} icui tighten to .36 mkt not helping

[09:57] {Threei}  offering 1/4 more STSI .18

[09:57] {cosmo} advise for F shorters?

[09:57] {dptl} me .19

[09:58] {Threei}  thank you for not going to .17999

[09:58] {dptl} :) was just thinking about it

[09:58] {dino} cov icui .60, +.49

[09:59] {dptl} you using arca Vad?

[09:59] {Threei}  no

[10:00] {dptl} where are you then?

[10:00] {Threei}  DNDN??

[10:00] {dino} he's here

[10:00] {Threei}  HEARING SHARES TICKING HIGHER ON RUMORS OF JV WITH MAJOR PHARAM

[10:00] {Threei}  rumor...

[10:00] {Threei}  I am hidden in the trenches

[10:01] {Threei}  - Hearing the name LLY mentioned in relation to rumors{LLY}

[10:01] {dptl} sneaky :)

[10:01] {Threei}  my middle name

[10:01] {nemo} I thought it was Illych

[10:03] {ese} out drys .45 +.12 4 lots

[10:03] {dptl} out .19 some

[10:04] {dino} heck of a name 3i lilly vad

[10:05] {dino} vivo l .34, stop .23

[10:05] {Threei}  last portion offering at .35, stop is under .10

[10:07] {wulff} WFC +.32

[10:07] {Threei}  wtg

[10:07] {wulff} probably has more in it

[10:08] {Threei}  DNDN... squeeze

[10:09] {ese} dino ...you calling vad a lilly....

[10:09] {wulff} DRYS is probably feeling the squeeze too

[10:09] {dino} his name i guess

[10:10] {Threei}  what's happening today?

[10:10] {Threei}  you guys are all drunk?

[10:11] {magoo} i am

[10:11] {pita} already?

[10:11] {magoo} got in late

[10:12] {dino} bit whippy

[10:12] {ese} thats what it says in your book to do....doesn't it?   Drink heavily before trading to even out pain and euphoria.....in order to keep a level head????

[10:12] {ese} or did I get that wrong

[10:12] {dino} he left my deck at 7, but who knows if he went home

[10:13] {ese} too funny

[10:13] {Threei}  that's mostly right ese

[10:14] {ese} you people are a hoot!!!!

[10:14] {dino} call it "trading for drunks"

[10:14] {ese} great title!!!!!  I think that would sell

[10:16] {ese} got a read on sohu yet dino.....

[10:17] {dino} yeah sm l .30 imo

[10:17] {Threei}  WFC, watching for pullback closer to .40 for entry

[10:17] {Threei}  if market spikes, WFC cxan turn into .60 break long if holding above .50

[10:18] {ese} hmmmmm then i missed the boat on sohu

[10:18] {nemo} in

[10:18] {dptl} in wfc

[10:19] {ese} long fas .98

[10:19] {dino} not hitting my .30 bid either, perhaps .50

[10:20] {ese} that was a crappy fill thought I had market at .94/95

[10:21] {ese} daaaaaaaaa instead of 4/5 cents profit i'm even

[10:21] {Threei}  that's cheap commissions fore you

[10:21] {ese} no kidding eh

[10:22] {dino} gut says down big

[10:24] {dino} icui s sm .06

[10:25] {nemo} stopped

[10:25] {fernp} I hate WFC

[10:25] {dptl} stopped

[10:25] {dino} cski

[10:25] {_jfjf64} ditto

[10:25] {wulff} I love WFC

[10:26] {Threei}  {WFC} I am confused

[10:26] {nemo} why?

[10:26] {ese} close to being stopped on fas...daaaaaaaaa!!!!!

[10:26] {nemo} I'm having a hard time feeling bad for you ese

[10:27] {ese} stopped....%$##$@%$ -.14

[10:28] {wulff} you know a bounce is coming now ese

[10:28] {ese} oh ya oh ya nemo....welllllll......your mother wears army boots....take that

[10:29] {ese} or was that my mother hmmmmmmm

[10:29] {Threei}  ok... ya'll are drunk

[10:29] {nemo} my mother is dead

[10:29] {ese} oppps apologies

[10:30] {nemo} she never wore socks...feet stank

[10:30] {nemo} then she'd make me rub them...oy

[10:30] {ese} .............

[10:30] {Threei}  I feel requests to edit log coming

[10:30] {ese} ok you win the out do contest    hands down

[10:31] {dino} shld giving some back

[10:31] {Threei}  that's additional workload for me...

[10:32] {magoo} C crushed here

[10:32] {magoo} real violent move

[10:32] {dino} lod

[10:33] {dino} icui spiked, stopped -.30

[10:33] {dino} that sohu holds well imo es

[10:34] {Threei}  watching FAZ for entry on pullback

[10:34] {dino} whew good stop icui

[10:34] {Threei}  roughly .55

[10:37] {dino} vivo stop to .38

[10:38] {nemo} quintuple bottom coming in FAS from yesterday

[10:38] {nemo} hell almost 4 this morning

[10:40] {Threei}  canceling .35 offer on STSI

[10:40] {Threei}  if this thing can take that .25 offer, I want more

[10:41] {nemo} would that be another entry point?

[10:41] {Threei}  .25 break obviously, but risk is way higher

[10:41] {nemo} fuggedabowdit then

[10:42] {_jfjf64} faz?

[10:43] {Threei}  botomed at .57 with no realistic chance of executing

[10:43] {Threei}  not sure

[10:43] {Threei}  waiting for somerthing more clear

[10:43] {_jfjf64} k

[10:44] {dino} sohu l .55

[10:45] {dino} titn l .76

[10:52] {dino} vivo stopped +.04

[10:52] {Threei}  strangely narrow range for the day that promised to be all fireworks

[10:52] {Threei}  less thatn 15 points NQ range

[10:54] {dino} lps

[10:55] {nemo} expectations again

[10:55] {nemo} So, do we get the Plunge Protection Team or Plunge Production Team

[10:56] {dino} cyt, lps, scor

[10:56] {Threei}  WFC forms something of C&H kind

[10:56] {Threei}  with .75 being break point

[10:57] {Threei}  DNDN...

[10:57] {Threei}  grr

[10:58] {dptl} stop would be under .60 if breaks wfc?

[10:58] {Threei}  yeah

[10:59] {Threei}  I would prefer to try aggresive

[10:59] {Threei}  .70 break

[10:59] {dptl} ok ty

[10:59] {dino} scor l .01

[10:59] {nemo} fas break above .90?

[10:59] {nemo} oops nevermind

[11:01] {dino} sohu stopped -.25

[11:03] {Threei}  any gamblers here}

[11:03] {Threei}  ?

[11:03] {Threei}  DNDN ,40 break for you... if holding above .25

[11:04] {dptl} valid?

[11:04] {Threei}  barely

[11:04] {nemo} that's encouraging

[11:05] {dptl} :)

[11:05] {Threei}  are you on my gambling list?

[11:05] {Threei}  oh... yes

[11:05] {dino} nile

[11:05] {magoo} in .39

[11:05] {Threei}  who would have doubt

[11:05] {Threei}  magoo is director of that list

[11:05] {dptl} in

[11:08] {dptl} stopped

[11:09] {dino} intc l .50

[11:13] {dptl} wfc?

[11:13] {Threei}  no idea

[11:13] {Threei}  mess of a chart

[11:19] {ese} signing off everyone....have a great weekend

[11:19] {magoo} u 2 

[11:19] {nemo} P&Q ese

[11:19] {Threei}  have a good one ese

[11:21] {magoo} DNDN a nasty f'er

[11:21] {nemo} follower? :)

[11:23] {Threei}  SWEDISH COURT HAS FOUND THE OPERATORS OF FILE SHARING SITE THE PIRATE BAY GUILTY OF COPYRIGHT INFRINGEMENT

[11:23] {Threei}  troubles for torrents

[11:24] {vint} good morning (late) all

[11:24] {Threei}  vint :)

[11:24] {magoo} WFC .80

[11:26] {magoo} may do 20 again

[11:26] {dino}  zzzzzzzzzzzzzzzzzzzzzzzz

06[11:27] * magoo slaps dino around a bit with a large trout

[11:27] {dino} bkc l .50

[11:27] {magoo} RF on the move again

[11:30] {_robert} C?

[11:31] {Threei}  ZI'll stay away from C, it's beyond complicated

[11:31] {_robert} ok

[11:32] {magoo} [11:25] {magoo} WFC .80

[11:32] {magoo} waiting .97

[11:32] {magoo} kickin it

[11:33] {magoo} out .96..

[11:33] {magoo} to close to miss exit

[11:33] {magoo} ty vad

[11:33] {Threei}  hmmm... okay... you are welcome

[11:33] {Threei}  frikin DNDN

[11:34] {pita} roger that

[11:34] {dptl} :)

[11:35] {Threei}  DRYS new high

[11:37] {magoo} [11:27] {magoo} may do 20 again

[11:37] {magoo} 2 days i took heat off ya boss

[11:37] {Threei}  {--- happily retiring leaving magoo in charge

[11:38] {magoo} really??ok room ..lets rock -n-roll

[11:38] {Threei}  {--- quietly fades away

[11:38] {Threei}  {--- uncorks fresh bottle of Glenglivet

[11:39] {nemo} bad typing or are you on your 2nd bottle already?

[11:40] {Threei}  as if I needed any drinking to mistype things

[11:40] {dino} scor stop to .20

[11:41] {dino} out scor slipped ave .18, +.17

[11:43] {dptl} Vad, are you gonna get some more on .25 brak stsi?

[11:43] {dino} no drinking until 9

[11:44] {Threei}  nah, I have last 500 shares, will just try to get something worthy out of them

[11:44] {dino} sohu last try l .39

[11:44] {Threei}  .15 - .25 is a valid setup

[11:45] {Threei}  kind of discretionary because of previous move, but tempting because of huge size on the offer

[11:45] {Threei}  so, you likey - you takie

[11:45] {dptl} ok ty,i'll try to get in again if it's breaks

[11:46] {Threei}  sure, I'll just add you to gamblers list for second time

[11:46] {Threei}  you'll be twice gambler

[11:46] {dptl} :)

[11:46] {Threei}  which is still nothing comparing to magoo's record

[11:46] {nemo} no, he cemented that w/GOOG last night

[11:47] {Threei}  for like 128th time

[11:47] {nemo} that would be 32 years worth of GOOG quarterly reports

[11:47] {Threei}  heh

[11:47] {magoo} did i mention i live for those earningsseason?

[11:47] {Threei}  look at this

[11:48] {Threei}  (US) EPA NOTES THAT IT PLANS TO MOVE AHEAD ON REGULATING CARBON DIOXIDE AS A HEALTH AND ENVIRONMENTAL RISK - UPDATE

[11:48] {Threei}  - Note that the EPA has declared its authority to hold polluters accountable under the Clean Air Act. The decision, ordered by the Supreme Court in 2007 and based upon years of scientific research and analysis, has the potential to significantly alter energy politics and policy.

[11:48] {dino} thought you lived for food

[11:48] {Threei}  - Please also note these recent headlines:

[11:48] {Threei}  - 4/8 White House: Pres Obama is flexible on auctioning process of emissions permits in climate bill

[11:48] {Threei}  - 3/31 US House climate change bill includes rebates and possible trade protections for industry, which could include 2B tons of annual maximum carbon offsets for industry.

[11:48] {Threei}  - 3/17 DoE's Chu: US should levy tariffs on CO2 to protect competition.

[11:48] {Threei}  - 3/5 House Majority Leader Hoyer (D): Congress may pass a climate-change bill by late May.

[11:48] {Threei}  - 2/22 US climate czar Carol Browner: EPA will soon determine that carbon dioxide emissions represent a danger to the public and propose new rules to regulate emissions of carbon-dioxide from a range of industries.

[11:48] {magoo} craving chili dogs BADDDDD

[11:48] {nemo} that mean we can't exhale anymore

[11:48] {magoo} and dino refuses

[11:49] {dino} isrg hits yesterday high

[11:49] {Threei}  US should levy tariffs on CO2 to protect competition?

[11:51] {magoo} WFC WFC

[11:51] {wulff} hope you guys took WFC, i was away

[11:51] {magoo} out .30

[11:52] {magoo} ty vad

[11:57] {dino} out sohu .51, +.12

[11:58] {dptl} in.25 stsi

[12:01] {pita} have a good weekend everyone

[12:01] {Threei}  take care pita, have a good one

[12:03] {dino} out titn .88, _.12

[12:04] {dino} +

[12:10] {dino} snda

[12:13] {dino} sm l .40 risky

[12:15] {dino} stop .98

[12:16] {Threei}  dp... just a friendly reminder: you own STSI, don't fal asleep

[12:16] {dptl} oh ty..lol

[12:16] {Threei}  signed: RealityTrader wake-up call service

[12:16] {dino} stopped

[12:17] {dino} try a buck lower

[12:21] {wulff} Have a great finish. LAte

[12:21] {wulff} LAter

[12:21] {Threei}  take care wulff

[12:21] {Threei}  FED'S BERNANKE SCHEDULED TO GIVE A SPEECH AT A FED CONFERNECE AT 12:30PMET

[12:21] {Threei}  - a prepared text is expected but he will not do a Q&A

[12:21] {dino} cetv l .50

[12:24] {magoo} whens president rock star speaking today?

[12:25] {Threei}  he is speaking in Latin America, so no economy topcs anyway

[12:26] {dino} rinsed snda

[12:29] {dino} pretty tight range

[12:29] {dino} like the 70s

[12:30] {Threei}  FED'S BERNAKE: HARM STEMMING FROM CREDIT CRISIS WILL BE LONG LASTING

[12:31] {nemo} so much for your title, vad

[12:31] {Threei}  REGULATORS MUST MANAGE THE RISKS OF INNOVATION

[12:31] {Threei}  I gave it up nemo

[12:32] {Threei}  I can't compete with so many masters of the obvious from all around the world

[12:32] {nemo} Yeah...your title get's outsourced

[12:32] {Threei}  as soon as I think I more or less gor upper hand over USA competitors, someone in Europe comes out and says "financial crisis is not contained yet"

[12:33] {Threei}  I say DUH and give up

[12:33] {nemo} yeah, enemies in all directions...I'm not paranoid...and anybody that says I am, is out to get me....

[12:34] {Threei}  oh, and just when I though homeland was safe, Canadian minister of finance said "inflation risk on horizon"

[12:35] {Threei}  - When the complexity of credit products becomes too high, direct regulation may be the only solution

[12:36] {nemo} They should just simplify the products.  Complex products + Complex Regulation = Cluster relationship

[12:36] {Threei}  and anything over 1 decimal gives me a headache

[12:37] {nemo} decimal or decibel?

[12:37] {Threei}  sigh

[12:37] {Threei}  ok, 2

[12:37] {Threei}  3.14 I can handle

[12:37] {dino} its a bunch of b.s., it would not have been so bad w/o the m2m change. nowe the banks want to keep these assets because they know they are worth more

[12:37] {nemo} 3.1416 is o.k.

[12:37] {Threei}  but 3.14159999 - no

[12:38] {nemo} I'd have to take my shoes off

[12:38] {nemo} They're not worth more, it just allows them to fudge the accounting on paper

[12:39] {dino} i disagree, 92% performing

[12:39] {nemo} So, are they worth more, or not?

[12:41] {dino} yes

[12:41] {dino} why do you think private equity is lining up

[12:41] {nemo} Should they hol on to them then?

[12:43] {dino} then

[12:43] {dino} because the rule was just changed 2 weeks ago

[12:43] {dino} yes

[12:44] {dino} snda double bottom or death

[12:45] {nemo} you in snda, dino?

[12:46] {magoo} keep eye on WFC..IF IF mkt decides to rip, its got big potential..not in here

[12:46] {dino} no

[12:47] {dino} bti l .64

[12:52] {fernp} DRYS consolidating hod... should I ignore DRYS breakout??

[12:52] {Threei}  this one may be worth it

[12:53] {dptl} .75?

[12:53] {fernp} lunch-time, friday, breakout...

[12:53] {Threei}  .75 would be aggresive, .80 is right above

06[12:54] * magoo slaps laserdave around a bit with a large trout

[12:54] {dptl} stop under .65?

[12:54] {magoo} MS nuts

[12:55] {magoo} news MS vad?

[12:56] {Threei}  no

[12:56] {dptl} or under .70 ? if takes .75

[12:56] {Threei}  BAC

[12:56] {Threei}  PROXY ADVISOR GLASS LEWIS RECOMMENDS SHAREHOLDERS VOTE AGAINST RE-ELECTION OF CEO LEWIS AT APRIL 29 ANNUAL MEETING - CNBC

[12:56] {Threei}  - Also recommends voting against lead director Temple Sloan.

[12:56] {Threei}  - Calls on shareholders to vote to split chairman and CEO roles.

[12:56] {Threei}  US) CONGRESSIONAL PANEL ON TARP NOTES TREASURY SEC GEITHNER TO TESTIFY APRIL 22 AT 10AMEST

[12:57] {Threei}  both are valid dp

[12:57] {dptl} ok ty

[13:01] {dptl} in .75 drys

[13:02] {fernp} me too

[13:03] {dptl} .70 stop for you?

[13:03] {fernp} yes

[13:09] {dino} hod s/p ndx

[13:11] {fernp} out here +.10

[13:12] {Threei}  :)

[13:12] {Threei}  thought this one did have a chane

[13:13] {magoo} RF nutsarolla vad

[13:13] {fernp} yes. was fine

[13:15] {dptl} out half .85..wierd wasn't get filled till last moment

[13:18] {dptl} all out .97 ty

[13:18] {Threei}  :)

[13:19] {fernp} very gj dp

[13:19] {dptl} ty..now i need that stsi to wake up

[13:20] {magoo} GE high vad

[13:21] {Threei}  don't know about this one mags

[13:22] {magoo} ok

[13:27] {dino} out intc .62 +.12

[13:42] {dino} bti to .81

[13:44] {dino} ohh mannn, major slip ave .77, +.13

[13:45] {dino} snda drop again

[13:47] {Threei}  DRYS non stop

[13:57] {Threei}  REPORTEDLY BOA, JP MORGAN AND WELLS FARGO ARE HOLDING DISCUSSIONS WITH CONGRESS OVER NARROWING SCOPE OF BANKRUPTCY "CRAMDOWN" BILL

[13:57] {Threei}  - Terms of negotiations include establishing a five-year program, no principal write downs and compatibility with Obama Administration's housing plan

[13:57] {dino} cetv dead, stop to .44

[14:00] {dino} stoppped -.08

[14:01] {dino} shld

[14:02] {Threei}  volume is quite ridiculous

[14:03] {nemo} dow volume is strong

[14:03] {Threei}  nasdaq is next to non-existent

[14:08] {dptl} ok finaly...stopped stsi  ave.-.06

[14:22] {dino}  ofix l .35

[14:24] {Threei}  DNDN is ridiculous

[14:24] {dino} wmt l .50

[14:28] {dino} snda sm l .14

[14:33] {dptl} hot?

[14:33] {Threei}  yuck

[14:35] {dino} ofix stop to .48

[14:38] {dino} hot???????

[14:40] {dino} ofix to .53

[14:41] {dino} to .55 stingyyyyyyyyyyyy

[14:41] {dino} oiut slip ave. 54 +.19

[14:41] {_jfjf64} jback

[14:42] {dino} c'mon wmt i want a smilely face

[14:43] {dino} smily?

[14:51] {Threei}  wow DNDN

[14:51] {nemo} bounce?

[14:52] {Threei}  this is tryuly scary thing

[14:52] {nemo} that might be catch a falling elevator

[14:52] {Threei}  see?

[14:52] {Threei}  this is not falling knife.... this is falling piano

[14:52] {nemo} Oh yeah, got the 5 minute up too...a lot of air under there

[14:53] {Threei}  any more than on 1 min?? :)

[14:53] {dino} nni

[14:53] {nemo} I can see the whole day on the 5 minute

[14:53] {Threei}  hmm?

[14:54] {Threei}  I can see whole day on 1 min too

[14:54] {Threei}  how is it an issue?

[14:54] {nemo} tomato tomato

[14:54] {nemo} I have smaller screens up

[15:00] {dino} lol

[15:00] {nemo} what Dio?

[15:01] {nemo} Dino...not to be confused with Ronnie James Dio

[15:02] {dino} snda stopped done w/it

[15:03] {dino} there are better worlds than these

[15:03] {nemo} the transition can be a bitch

[15:04] {dino} maybe so, maybe so

[15:05] {dino} titn trying

[15:06] {dino} nni break of .08

[15:10] {dino} vivo l .40

[15:10] {Threei}  if ese was here, I guess he would be in FITB

[15:13] {Threei}  WHITE HOUSE: OBAMA HAS COMPLETE CONFIDENCE IN AUTO TASK FORCE CHIEF RATTNER

[15:13] {Threei}  - reminder: earlier today it was reported that Rattner is involved in a probe of an alleged kickback payments

[15:13] {Threei}  oh boy

[15:14] {dino} lol

[15:14] {dino} and probably did not pay his taxes, :)

[15:14] {Threei}  I want to start counting people who president has complete confidence in

[15:15] {dino} everybody he picks, regardless of circomstances

[15:15] {Threei}  if ese was here, I guess he would be exiting FITB

[15:15] {magoo} finnies again vad

[15:16] {dino} i miss es

[15:16] {dino} lol

[15:16] {nemo} he's been killing it lately

[15:16] {Threei}  ese is amazing story

[15:16] {dino} indeed he has

[15:16] {Threei}  started as many did

[15:17] {Threei}  read about 120 books,

[15:17] {Threei}  went through some courses

[15:17] {Threei}  finally tired of losing money and picked one book that made sense to him

[15:17] {Threei}  which turned to be TTR

[15:17] {Threei}  started looking up the author

[15:17] {Threei}  was shocked to find out author just moved to the same city where he lived

[15:18] {Threei}  sent e-mail

[15:18] {nemo} divine intervention

[15:18] {Threei}  we met, he grabbed MPP from me

[15:18] {Threei}  in a montrh or so joined the room

[15:18] {Threei}  started proces of unlearning bs

[15:18] {Threei}  made kind of round bottom, so to speak

[15:19] {Threei}  and started making very nice money with amazing consistency

[15:19] {Threei}  local celebrity in music btw

[15:19] {Threei}  fantastic drummer, has professional band and unique high school band

[15:20] {Threei}  http://www.themidnights.com/bio.htm

[15:24] {Threei}  everyone's looking at photos or just asleep?

[15:24] {Threei}  FAZ new all-time lows

[15:25] {Threei}  MGM

[15:25] {Threei}  REACHES AGREEMENT WITH DUBAI WORLD TO COMPLETE CITY CENTER CONTRUCTION; PLAN MUST STILL BE APPROVED BY CITYCENTER LENDERS - WSJ

[15:26] {dino} mgm

[15:27] {Threei}  - new plan would protect the CityCenter project from MGM cross-defaults.

[15:27] {Threei}  - Reminder: earlier today, MGM said it would provide funds to continue construction on CityCenter project, putting forward $70M to cover the current construction costs for CityCenter, includes $35M that was supposed to have been funded by Infinity World, a subsidiary of Dubai World.

[15:28] {dino} cross defaults does not sound good

[15:30] {Threei}  I suspect dino doesn't want to gamble on MGM

[15:30] {dino} thinking short

[15:31] {dino} can't

[15:38] {magoo} WFC doing it

[15:38] {magoo} big 

[15:40] {Threei}  nice

[15:43] {magoo} i am in it

[15:43] {magoo} repeadily

[15:44] {dino} titn l .83

[15:45] {Threei}  I am scared to think how many of "buy every new low" traders get killed in FAZ

[15:49] {nemo} well, that's all she wrote...P&Q

[15:51] {dino} out vivo .47, +.07

[15:53] {dino} hard sell

[15:54] {Threei}  OBAMA ADMINISTRATION WILL USE COMPETITIVE BIDDING TO BUY WHEELCHAIRS, COULD SAVE $1B ANNUALLY - WSJ

[15:54] {Threei}  huh?

[15:56] {Raven} I'm not ready for one of those yet ...

[15:56] {dino} snda 47s

[15:56] {Threei}  come on Raven, help them save 1B

[15:57] {Raven} sigh

[15:57] {Threei}  I'll get one too and we will race

[15:57] {Threei}  or chase cosmo down the street

[15:57] {Raven} I like that ... Formula I wheelchairs

[15:58] {Raven} wake up cosmo !!

[15:58] {Threei}  and hit him with cruthces if we get him

[15:58] {Raven} yesssssssssss

[15:58] {vint} good weekend all

[15:58] {dptl} have a good weekend all

[15:58] {Threei}  okay guys, thank you all

[15:58] {Threei}  have a good weekend

[15:58] {Threei}  see you all on Monday

[15:59] {Threei}  a bit boring day but Fri is Fri

[15:59] {dino} titn out -.03

[16:00] {_jfjf64} ty  enjoyed week in room   look forward to  trading with tou in  future   will call afterclose    good day all

[16:01] {dino} glad to have you

Apr 16 2009

Very nice day with just one stop. This time we managed to get a feel of financials starting to rally and utilized it with strong trades in JPM, WFC and FAS.

Session Time: Thu Apr 16 00:00:00 2009

[08:10] {Threei}  04/16/09 06:29am

[08:10] {Threei}  [JPM] JPMorgan Chase and Co Reports Q1 $0.40 v $0.32e, R $26.9B v $22.95Be

[08:10] {Threei}  - Q1 Net new credit extended $150B

[08:10] {Threei}  - Q1 ROE 5.00% v 1.00% q/q

[08:11] {Threei}  - CEO Dimon: It is reasonable to expect additional increases to credit reserves if the economic environment worsens. Yet, we are confident that even a highly adverse economic scenario would not compromise our overall strength and stability - or our ability to enhance our franchises. We remain well-positioned to benefit when the economy recovers and remain committed to serving our clients, investing in our franchise and building a stronger company for the future

[08:11] {Threei}  04/16/09 07:43am

[08:11] {Threei}  [JPM] JPMorgan Chase and Co CEO: Company is capable of paying back TARP "tommorow"; waiting for guidance from Treasury

[08:11] {Threei}  - Remarks that does not need to raise capital at the moment; but could do so through private channels

[08:11] {Threei}  - PPIP program may be helpful to financial system, it is however irrelevant to JP Morgan as it does not intend on participating in the program

[08:11] {Threei}  - States that TARP money has become a 'scarlet letter' for banks

[08:11] {Threei}  - Have begun to see stability in economic activity, so far that stability however has been at lower levels than that of pre-credit crisis

[08:11] {Threei}  - Mortgage busisness will 'do fine'

[08:23] {Threei}  PREVIEW: INITIAL JOBLESS CLAIMS AND CONTINUING CLAIMS DUE OUT AT 8:30AMET

[08:23] {Threei}  - Expectations for initial claims are 660K v prior release of 654K (range seen from 635K to 700K)

[08:23] {Threei}  - Continuing claims seen at 5.893M v prior 5.840M. (range seen from 5.750M to 5.950M)

[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 610K V 660K;

[08:30] {Threei}  CONTINUING CLAIMS: 6.022M V 5.893ME

[08:30] {Threei}  - Prior jobless claims revised from 654K to 663K

[08:30] {Threei}  - Prior Continuing Claims revised from 5.840M to 5.850M

[08:30] {Threei}  MAR HOUSING STARTS: 510K V 540KE; BUILDING PERMITS: 513K V 549KE

[08:30] {Threei}  - Prior Housing Starts revised from 583K to 572K

[08:34] {Threei}  JPM CFO: WE'VE BEEN FULLY CONSISTENT ON TARP, WE WANT TO REPAY AS SOON AS POSSIBLE; "I DON'T THINK WE NEED MORE CAPITAL" - CONF CALL Q&A

[08:35] {cosmo} how about the homeowner though?

[08:35] {larisa} good morning :)

[08:35] {Threei}  cosmo, larisa :)

[08:35] {cosmo} 3i, lrs :)

[08:46] {dptl} good morning

[08:46] {Threei}  dp :)

[08:47] {cosmo} JAVA pre mkt high = 6.84  so far

[08:47] {Threei}  08:09am [JAVA] Pre-market strength attributed to speculation Sun is willing to resume negotiations if IBM will soften stance

[08:47] {magoo} morning

[08:48] {cosmo} they gonna buy out IBM?

[08:48] {cosmo} nah

[08:49] {Threei}  mags :)

[08:49] {magoo} vad:) jpm report yet?

[08:50] {Threei}  like a few hours ago

[08:50] {Threei}  [08:10] {Alert} Threei [JPM] JPMorgan Chase and Co Reports Q1 $0.40 v $0.32e, R $26.9B v $22.95Be

[08:50] {Threei}  [08:11] {Alert} Threei - Q1 Net new credit extended $150B

[08:50] {Threei}  [08:11] {Alert} Threei - Q1 ROE 5.00% v 1.00% q/q

[08:50] {magoo} not much reaction?

[08:50] {Threei}  and a whole lot of words

[08:51] {Threei}  notably,

[08:51] {Threei}  - States that TARP money has become a 'scarlet letter' for banks

[08:52] {magoo} pretty good report tho

[08:53] {Threei}  well, market recovered nicely

[08:53] {Threei}  and JPM went buck and half off lows

[08:55] {Threei}  market is depressed by GGP

[08:55] {Threei}  01:45am [GGP] Files for Chapter 11 Bankruptcy ($27.3B approximate liabilities)

[08:59] {cosmo} ATVI

[09:00] {fernp} Hello everybody

[09:00] {Threei}  fern :)

[09:01] {pita} hello, hello

[09:01] {Threei}  STEM

[09:01] {Threei}  SIGNS LICENSE AGREEMENT WITH MAJOR PHARMACEUTICAL COMPANY COVERING GENE INSERTION TECHNOLOGY

[09:01] {Threei}  - A major international pharmaceutical company has taken a non-exclusive license to the Companys recently acquired Internal Ribosome Entry Site (IRES) technology.

[09:01] {Threei}  - The IRES technology enables the dual expression of a protein of interest and a selectable marker, thereby enabling researchers to genetically modify any mammalian cell and monitor the activity of a particular gene of interest in living cells or tissues without blocking the normal function of the gene.

[09:01] {Threei}  - The financial terms of the license are confidential

[09:04] {dino} gm all

[09:04] {Threei}  dino :)

[09:05] {Threei}  that's an unusdual event for STEM

[09:05] {dino} isrg, misses and goes up?

[09:05] {Threei}  normally it moves on general sector news, very rarely has its own

[09:08] {ese} good morning....one more day of repreive waiting for the new Visa........$%#$#@  talk about snail mail

[09:08] {Threei}  ese :)

[09:08] {Threei}  your FITB is active again

[09:09] {ese} I scalped it again at school yesterday at lunch......81 to .90 +.09 on 20000shs

[09:10] {Threei}  you are ruthless

[09:10] {dino} you will be quitting your teaching soon

[09:10] {ese} it works for this stock vad the big shs.......the liquidity is great

[09:10] {Threei}  at such rate, he will be quitting his trading soon too

[09:11] {Threei}  that;s the whole idea of scalp type I

[09:11] {ese} well i would like to cut back that teaching load....don't want to totally give it up

[09:11] {nemo} nah...he's addicted

[09:11] {Threei}  take advatntage of liquidity by playing big size

[09:11] {magoo} but commission becomes an issue vad

[09:12] {Threei}  not if you use ECN rebate at least on one side

[09:12] {Threei}  and if you can use it on both, trade is almost commissions free

[09:13] {dino} you've created an animal

[09:13] {cosmo} ATVI gets busy

[09:14] {cosmo} @11

[09:14] {dino} bkc

[09:14] {dino} out pre .25, +.25

[09:16] {ese} is this lookin like an up day......

[09:17] {Threei}  so far

[09:17] {Threei}  changes on a dime lately, you know :)

[09:18] {ese} hey dino......if i keep this goin....got permission from my wife  to fly to Mertle Beach to do some golf

[09:18] {pita} so looking for breakouts?

[09:18] {dino} sweet

[09:18] {ese} skins....50 cents a hole....ehhhhhhhh what da ya say?

[09:19] {Threei}  I would prefer pullbacks still, pita

[09:19] {Threei}  may have to go for a break if we get consolidation and open break

[09:19] {pita} watching banks or more?

[09:20] {ese} go with pullback pita.......any breakouts i've tried in the last three weeks basically fail

[09:20] {Threei}  banks and whatever else scanner spits

[09:21] {dino} indeed

[09:21] {pita} thanks guys - happy for you ese, and working on doing the same

[09:22] {ese} does anyone know when ORCL reports?

[09:22] {magoo} u never know ES...i took some breakouts 

[09:23] {ese} very true mags....probably just the stocks i'm monitoring

[09:23] {dino} % higher on pullbacks for me

[09:24] {magoo} dino..ISRG has a 5 day gap to fill 101

[09:25] {pita} I'm not so good at figuring the extent of the pullback; do you have a guide for that?

[09:26] {dino} sun news reminds me of yahoo msft

[09:26] {ese} doesn't look like it's going to fill it today mags

[09:26] {pita} do you use fib for that?

[09:26] {dino} me?

[09:26] {dino} 5 day charts

[09:26] {pita} anyone using pullbacks

[09:27] {dino} me, but "big" ones

[09:27] {ese} I have been pita

[09:27] {dino} more capit type

[09:27] {pita} the missing ingredient for me is patience to wait for good entry

[09:27] {dino} ex, watch bkc around 18.50

[09:28] {Threei}  one thing to keep an eye on, breakouts wise

[09:28] {Threei}  WFC

[09:28] {Threei}  after that huge gap it topped out just under 20

[09:28] {Threei}  after some dancing around it approaches 20 again

[09:29] {dino} nok

[09:29] {Threei}  it's also the resistance from Jan - Feb

[09:29] {Threei}  if WFC takes 20 with some market help, I'd say it's a candidate for another stunning move

[09:30] {dino} hmmm nok misses and pops, intc hits and drops

[09:31] {Threei} Long Setup:  STEM  1.80 if holding above 1.70

[09:31] {ese} L ORCL .80

[09:32] {ese} out .87

[09:32] {nemo} big drop WFC

[09:32] {ese} +.07 3 lots

[09:32] {nemo} smack ese with a wad of cash

06[09:32] * nemo slaps ese around a bit with a large bag of quarters

[09:33] {ese} that felt good

[09:33] {nemo} masochist

[09:33] {ese} ouch

[09:33] {dino} bkc fast fall, watch yesterdays low imo

[09:33] {Threei}  WFC bounce ready

[09:33] {nemo} already ounced

[09:33] {nemo} b

[09:34] {wulff} look at Rimm

[09:34] {Threei}  UPDATE: CNBC REPORTS IBM NOT INTERESTED IN NEW TALKS WITH JAVA

[09:34] {Threei}  {IBM}

[09:37] {ese} yaa rimm has open sky above

[09:37] {Threei}  FITB fast drop

[09:38] {ese} boy did it

[09:38] {Threei} Long Setup:  FAS  .75

[09:39] {ese} fitb reports next week....i'm very wary of it

[09:39] {Threei}  stop for scalpers under .70, for day traders under .60

[09:39] {Threei}  Prez on TV

[09:40] {nemo} stop on fas

[09:40] {ese} L rimm .21

[09:41] {magoo} l axp .80

[09:41] {ese} would prefer to have the q's showing up....but we'll see

[09:41] {dptl} l fas .75

[09:43] {ese} out rimm .60 +.39

[09:44] {magoo} nice

[09:44] {wulff} the banks are fine.... go up

[09:44] {dino} ugh original idea bkc was correct

[09:44] {fernp} gj

[09:44] {ese} tks

[09:44] {ese} dangerous now with q's really against it

[09:44] {Threei}  no worky FAS

[09:44] {dptl} stopped fas

[09:45] {Threei}  AAPL salmon

[09:46] {nemo} wfc sitting on yesterdays close

[09:46] {Threei}  hmm?

[09:47] {Threei}  it's 60 cents under yest close

[09:47] {nemo} i lied...morning low

[09:49] {dino} lol

[09:49] {magoo} offering OUT AXP 09

[09:49] {magoo} +.29

[09:50] {dino} gj

[09:51] {Threei}  AAPL

[09:51] {Threei}  .10 long, half lot

[09:51] {Threei}  if holding above 118.90

[09:53] {Threei}  invalidated, .50 - .60 area is next of interest

[09:54] {ese} L rimm .55

[09:54] {ese} rats missed .50

[09:54] {nemo} stop ese?

[09:55] {magoo} grabed AAPL 119 crossover

[09:55] {ese} .40

[09:56] {ese} damn thing moves too fast for me....want quick stop

[09:57] {magoo} out .40 TY boss

[09:57] {ese} out rimm .82 +.27

[09:57] {Threei}  perfect spike RIMM

[09:58] {Threei}  wtg ese

[09:58] {ese} whoaaa look at it

[09:58] {magoo} hey..my AAPL crossover was nice

[09:58] {Threei}  GM

[09:58] {Threei}  REPORTEDLY UNDER GOVERNMENT PRESSURE TO SELL GMC BRAND

[09:58] {Threei}  wtf

[09:58] {ese} don't know if I like stocks like that

06[09:58] * nemo pats mags on the head

[09:58] {Threei}  sure was mags, there there

[09:58] {magoo} looking for approval from the master

[09:58] {magoo} lol

[09:58] {Threei}  lol

[09:59] {ese} you have my un dying admiration mags

[09:59] {magoo} i know...but like the child...i need vads he he

[09:59] {dino} ebs l .89

[10:00] {Threei}  APR PHILADELPHIA FED INDEX: -24.4 V -32E

[10:00] {ese} Fitb....what the heck is it doin...all over the map for that stock

[10:00] {dptl} mxim?

[10:01] {Threei}  14.50 is serious break on daily for MXIM

[10:01] {Threei}  I hate lack of volume on it

[10:01] {dptl} yes 

[10:01] {nemo} ese mimicing fas

[10:01] {Threei}  but with market help should be a nice breaj

[10:02] {ese} almost exactly to a tee nemo

[10:03] {dino} out ebs .05, +.16

[10:03] {dino} ugh isrg

[10:03] {ese} wow look at that dump on it dino

[10:04] {ese} topped out maybe.....may go dn to cover that gap

[10:05] {dino} and i said to magoo, lets short it, but it kept going up

[10:05] {ese} Vad....in what way would FAS be connected to the QQQQ

[10:05] {Threei}  not directly, just in generall market direction sense

[10:06] {Threei}  SPY should be better correlation for FAS

[10:06] {ese} tks

[10:06] {dino} more to dji, s/p imo

[10:06] {Threei} Long Setup:  WFC  19 break if holding above .90

[10:07] {ese} tks

[10:07] {dino} dji, s/p lods

[10:07] {dino} feeling heavy

[10:08] {Threei}  PALM

[10:08] {Threei}  this thing is getting serious

[10:08] {dptl} wfc still valid?

[10:08] {Threei}  yes but keep an eye on FAS

[10:08] {Threei}  WFC needs its help

[10:09] {dptl} and stem still valid?

[10:09] {ese} are you thinkin up on fas

[10:09] {nemo} not showing that yet ese

[10:11] {Threei}  with any market help PASLM is aiming for 10 and higher

[10:11] {Threei}  PALM

[10:11] {cosmo} hmmm

[10:11] {dptl} in wfc

[10:12] {nemo} in

[10:13] {Threei}  if survives this market downtick, will probably be capable of more than scalp

[10:13] {ese} fas....good lokkin daily chart

[10:13] {wulff} can sense that fight

[10:16] {_jfjf64} wfc still good to enter   was  gone min

[10:16] {ese} L FAS .66  hmmmmm I bit on the uptick in the s/p

[10:18] {nemo} finnies were up so much yesterday, even as much as they are down, their still way above yesterday

[10:18] {Threei}  don't want to impose my my trading decisions on you, so if you are inclined to scalp, do so by all means

[10:18] {Threei}  I intend to partial

[10:18] {nemo} yeah, long out of wfc

[10:18] {_jfjf64} ty

[10:19] {magoo} palm vad?

[10:19] {Threei}  looks very string but finding an entry on it is a problem

[10:20] {dptl} half out wfc

[10:20] {Threei}  WFC 1:1, half out for me

[10:21] {dptl} out all .17  ty

[10:21] {fernp} out ty Vad

[10:21] {Threei}  welcome

[10:21] {dino} ady range wow

[10:21] {dino} ebs round two coming

[10:21] {dino} .40 trig imo

[10:22] {ese} fas stop .60 

[10:22] {dino} plcm near lod

[10:24] {nemo} RIMM looking toppy

[10:24] {ese} out fas ...stopped -.06

[10:25] {ese} dumb dumb dumb.....had $300 in my pocket......at .71

[10:25] {dptl} stem still valid ?

[10:26] {Threei}  discretionary

[10:26] {Threei}  formally yes...

[10:26] {dptl} ok ty

[10:26] {Threei}  whether it prepares something or just died on the vine, no idea

[10:26] {pita} ty Vad Ese Dino - my best day this year.  Quitting while ahead.  Maybe cu later...

[10:27] {Threei}  this stock is a wierdo

[10:27] {Threei}  wtg pita

[10:27] {Threei}  great to hear

[10:27] {ese} see ya pita

[10:27] {dino} plcm l .67 stop lod

[10:27] {Threei}  okay WFC

[10:27] {Threei}  let's do it

[10:27] {cosmo} PALM ...gonna test for another leg soon

[10:27] {Threei}  take .20 and show those pesky scalpers what you are capable of

[10:27] {cosmo} 9.98 hod

[10:28] {cosmo} needs to hold .70 imo

[10:29] {dino} ady v sm v risky l .60

[10:29] {dino} did not expect that one

[10:30] {Threei} Long Setup:  RIMM  half lot .15

[10:30] {Threei}  if stays bove 66

[10:31] {magoo} in rimm

[10:31] {magoo} in aapl

[10:31] {dptl} in

[10:31] {magoo} ,40

[10:31] {Threei}  anything magoo is not in?

[10:31] {Threei}  RIMM 1:1

[10:31] {dptl} out ty

[10:32] {Threei}  broken record:

[10:32] {Threei}  IMF REITERATES VIEW THAT COORDINATED GLOBAL EFFORT IS NEEDED TO DEAL WITH FINANCIAL CRISIS

[10:32] {cosmo} buy globeros

[10:32] {magoo} out .37 RIMM FL ty boss

[10:33] {dino} ebs stop to b/e

[10:33] {magoo} out AAPL here

[10:34] {magoo} +.450

06[10:34] * Threei slaps magoo around a bit with a large roll of cash

[10:34] {dino} stopped reverse slip .43, +.03

[10:34] {magoo} again please

[10:34] {Threei}  nope... you enjoy it too much

[10:34] {Threei}  WFC... scalpers win

[10:34] {Threei}  again

[10:35] {magoo} wierd..BIDU down GOOG up

[10:37] {dino} plcm stopped .53 -.14

[10:38] {dino} goog reports tonight

[10:39] {Threei}  that ought to be interesting

[10:40] {Threei}  30 points move in a matter of 3 seconds, lol

[10:40] {nemo} oh yeah, you made a killing on a 15 second scalp last time

[10:40] {Threei}  no slightest intention to repeat it this time, lol

[10:40] {magoo} excuse me vad..bnut it usually 35 points 

[10:40] {nemo} at this time

[10:41] {magoo} my only reason for livving is the goog, aapl, rimm, gs reports

[10:42] {Threei}  you need to get out more mags

[10:42] {Threei}  get a life

[10:42] {Threei}  meet people

[10:42] {magoo} why?

[10:43] {Threei}  surely there are must be some women aroun d to show you that here is more to life than goog, aapl, rimm, gs reports

[10:43] {Threei}  sheesh, my typing worsens by day

[10:43] {Threei}  just when I think it hit rock bottom

[10:44] {magoo} u should sign up for theionlinertading cvourse i take vad

[10:44] {Threei}  yeah, I see it does miracles to your typing

[10:45] {magoo} weant thesite?

[10:45] {magoo} futes ugly herre

[10:45] {Threei}  typeingbeter.com?

[10:46] {nemo} omfg

[10:46] {Threei}  that's my site... oddly enough, not many clients

[10:46] {magoo} lol

[10:46] {ese} whats goin on?

[10:47] {Threei}  I don't see any news

[10:49] {magoo} doug kass pressing his skf long and spy short here

[10:49] {magoo} hes been dead on

[10:49] {Threei}  ahhh... missed this:

[10:49] {Threei}  04/16/09 10:17am

[10:49] {Threei}  [PALM] Palm, Inc Hearing renewed takeover chatter circulating

[10:49] {Threei}  - Dell rumored as potential acquirer, same chatter as back on 3/13/09

[10:49] {Threei}  remember we once specualted about DELL as possible suitor for PALM?

[10:49] {dino} schw l .15

[10:49] {Threei}  seems to take life on its own, lol

[10:50] {dptl} lbtya?

[10:53] {Threei}  nice chart for a strong bull day

[10:53] {Threei}  for what we have so far, not so much

[10:53] {dptl} ok ty

[10:56] {magoo} L spy .87

[10:59] {dino} bkc l .70, stop lod

[11:01] {magoo} 1:1

[11:01] {dawg} thanks Magoo for SPY

[11:02] {magoo} take it dawg?

[11:02] {dawg} Yes for dime scalp ty

[11:02] {magoo} im still in

[11:02] {magoo} u DAWGlol

[11:02] {dawg} you are doing just fine the DAWG

[11:05] {dptl} cl?

[11:06] {Threei}  same chart... same comment

[11:06] {Threei}  *STRESS TESTS TO BE RELEASED BY MAY 4 - CNBC

[11:06] {dptl} :) ye thougt so ...ty

[11:06] {Threei}  I feel stressed already

[11:06] {Threei}  and tested

[11:07] {dino} ebs l .68

[11:09] {Threei}  DETAILS ON STRESS TEST ASSUMPTIONS APRIL 24

[11:09] {Threei}  - May 4 release will includes stress test results and capital plans for filling holes

[11:10] {dino} i.e. selling shares

[11:14] {dino} ebs stop to .89

[11:14] {Threei}  BRCD

[11:14] {Threei}  REPORTEDLY IBM TO SELL CO. ETHERNET SWITCHING AND ROUTING PRODUCTS

[11:14] {dino} to .94

[11:15] {dino} to .98

[11:15] {dino} out +.30

[11:15] {Threei}  wtg'

[11:15] {dino} too tight

[11:16] {magoo} out .13 SPY

[11:16] {magoo} +.20 something

[11:16] {dino} ty

[11:16] {nemo} .26 mags

[11:17] {magoo} u go nemo?

[11:17] {dino} gj nemo

[11:18] {nemo} not me, mags said 20 something, I remembered he went in @ .87

[11:18] {magoo} ok..lol...ty

[11:19] {magoo} once u start doing that..ass lazy as i am..ill expect u to calculate them all for me ..ok

[11:19] {dino} ahhh

[11:19] {nemo} for some reason, that moment found my one good braincell

[11:19] {dino} ass lazy, thats a new one

[11:20] {nemo} he's backwardated

[11:20] {nemo} disleximicated

[11:20] {Threei}  you guys are so tude... I am blushing here

[11:20] {nemo} fubar

[11:20] {Threei}  rude

[11:20] {nemo} bohica

[11:20] {dino} lol

[11:20] {nemo} hehehehe

[11:21] {dino} intc l .45

[11:23] {dino} schw ap fill

[11:25] {dino} gap

[11:25] {Threei}  action all but disappeared

[11:26] {larisa} I bet we will go into weekend with DOW over 8200. Anybody with me ? 

[11:26] {nemo} hate optimists

[11:26] {larisa} lol

[11:26] {Threei}  under 7800 larisa

[11:26] {patience} i thought we would start a correction by tomorrow.  You are probably right though Larisa.

[11:26] {Threei}  [11:26] {nemo} hate pessimists just as well

[11:27] {larisa} I asked who is with me, not against me :)

[11:27] {Threei}  oh, sorry

[11:27] {patience} my mistake

[11:27] {larisa} lol

[11:27] {Threei}  I just wanted to fill the range of bets

[11:28] {Threei}  since we are at 8000, 200 down seemed to be perfect balance vs your 200 up

[11:28] {Threei}  this way we leave whole 400 points for other room members

[11:29] {Threei}  on, and we leave nemo option to hate both of us

[11:30] {nemo} put you on my "Disgruntled Postal Worker Fantasy List"

[11:30] {Threei}  uh oh

[11:30] {nemo} some names are in pencil...some in pen...

[11:31] {Threei}  Newman! (in my best Seinfield voice)

[11:31] {nemo} market has been spending alot of time in a coma lately

[11:32] {larisa} it called congestion.. before we spike up like crazy :)

[11:32] {Threei}  I prfer consolidation

[11:33] {Threei}  congestion is too closely associated with indigestion

[11:33] {nemo} fine, you use the word coma

[11:33] {larisa} lol

[11:33] {Threei}  coma is my usual state

[11:33] {Threei}  market is trying to imitate

[11:33] {nemo} yeah...so you're one with the market...duh.

[11:34] {larisa} consolidation is something nice and healthy and market looks sick, congested

[11:34] {Threei}  sure.. principle of oneness...

[11:34] {Threei}  hmmm... if it's sick, how come you bet on +200?

[11:35] {larisa} because all wait for correction to hit 

[11:36] {Threei}  not me...

[11:36] {Threei}  I just had to take opposite side of your call

[11:36] {larisa} lol

[11:37] {Threei}  but my take is, surprise rally is brewing

[11:37] {dino} i'll take either up or down 200

[11:37] {dino} pita, see schw fill that gap from yesterday

[11:38] {ese} see ya in an hour......

[11:39] {Threei}  take care ese, we'll be here

[11:39] {Threei}  (even if comatose)

[11:40] {pita} yes, dino - but how do you pick entry?

[11:40] {Threei}  in past days, this kind of market climb we had over last 40 min or so produced sharp pullback, then recovery and rally

[11:41] {Threei}  let's see if we get WFC drop into 19 on this idea

[11:41] {nemo} fas break of .71?

[11:41] {Threei}  and try to take it there

[11:41] {Threei}  no

[11:41] {Threei}  no breakouts

[11:41] {nemo} need consolidation

[11:41] {Threei}  if scenario above materializes, pullback into .50 are is our entry idea

[11:43] {Threei}  here starts WFC pullback

[11:43] {_jfjf64} lost me

[11:43] {Threei}  at which turn?

[11:43] {larisa} .50 entry was for FAS jf

[11:44] {_jfjf64} ty

[11:44] {Threei}  WFC, want pullback into 19 for long entry,

[11:44] {Threei}  FAS, want pullback into .50 for long entry,

[11:44] {dino} pita, i jumped gun on it

[11:44] {Threei}  if they continue climbing, letting them go

[11:45] {dino} but usually depends on markets if dropping which happened, then wait for .05 above the gap usually

[11:45] {dino} but in general, i want something down a buck+ bto consider

[11:46] {dino} but use a 5 day for a(w)hile (as family guy says) to find entries

[11:46] {magoo} in wfc .17

[11:47] {nemo} frickin wfc frickin fas

[11:47] {dino} up

[11:47] {pita} k

[11:47] {dino} vivo

[11:47] {dino} mktx

[11:55] {dino} sm l vivo .00, stop .77

[11:57] {dino} intc stop to .57 stingy mode

[11:59] {dino} i effectively killed the bkc

[11:59] {magoo} out wfc ..dimer

[12:00] {dino} out intc +.12

[12:01] {nemo} anyboy thinking WFC short?

[12:02] {dptl} Vad, is that c$h on lbtya?

[12:02] {magoo} i dont l;ike short anything today,..just my o...but i like long

[12:02] {Threei}  just JBE consolidation

[12:02] {nemo} scarin' me magoo

[12:03] {dino} deck coming down to open gap perhaps 59.30

[12:03] {Threei}  if that's C&H, it sure is not a noble china

[12:03] {dino} or not

[12:03] {magoo} do not be afraid..said the spider to the fly

[12:04] {dptl} well from ..like 11:00

[12:04] {Threei}  yeah, I see it

[12:04] {Threei}  volume doesn't really shape up as C&H

[12:04] {Threei}  as JBE though, why notr

[12:05] {dptl} ok...are gonna take it?

[12:05] {Threei}  but they are being played similarly in this case, so it's a moot point

[12:05] {dptl} you

[12:05] {Threei}  me no

[12:06] {dptl} ok ty

[12:06] {dino} abbott and costello again

[12:08] {Threei}  me is in wait for pullback mode

[12:08] {nemo} WFC short might work out

[12:08] {Threei}  me ignores breakouts at this point

[12:10] {dino} wmt pretty good drop

[12:11] {Threei}  FED ANNOUNCES PLANS TO PURCHASE AGENCY COUPONS TOMMOROW FOR 10/2015 THROUGH 7/2032

[12:11] {dino} sm l .60

[12:11] {Threei}  not sure if this is what propped the market just now

[12:11] {Threei}  but something did

[12:12] {dino} ady out of the blue out .10, +.50

[12:12] {dino} opps only partial

[12:12] {nemo} that made a shooting star dino

[12:13] {dino} made my lunch

[12:13] {dino} a bit volitile

[12:21] {Threei}  JPM...

[12:21] {Threei}  33 break is interesting for long

[12:21] {nemo} I thought no breakouts during lunch?

[12:22] {fernp} DRYS breaking hod

[12:22] {Threei}  this one is different

[12:22] {dino} lunchbreaks during lunch

[12:24] {dptl} why it's different?

06[12:24] * magoo slaps dptl around a bit with a large trout

[12:24] {nemo} don't ask questions dp

[12:25] {magoo} because it reported this morn..its a majpor player

[12:25] {dino} bkc stopped -.21

[12:25] {dptl} i see :)

[12:25] {dino} vivo stopped -.21

[12:26] {Threei}  magoo is right

[12:26] {Threei}  and it's invalidated anyway

[12:27] {magoo} magoo faints

[12:27] {dptl} lol

[12:27] {magoo} [12:27] {&Threei}  magoo is right

[12:27] {dino} watching "chuck" for pullback

[12:27] {nemo} Dino! check on mags

[12:27] {Threei}  okay, here comes my pullback

[12:27] {Threei}  hopefully

[12:27] {magoo} head hits keyboard buy button..in jpm

[12:27] {Threei}  lol

[12:27] {magoo} unconsciousas it tanks

[12:28] {dino} lol

[12:28] {Threei}  UBS FOLLOW UP: REPORTEDLY JOB CUTS AT UBS MAY INCLUDE 2,000 JOBS IN WEALTH MANAGEMENT UNIT

[12:29] {Threei}  less wealth to manage I'd guess

[12:29] {dino} roflol

[12:29] {larisa} lol

[12:29] {dino} apparently they mis-managed

[12:32] {dino} spir

[12:32] {dino} thin

[12:32] {nemo} that's an understatement

[12:34] {dino} can't borrow

[12:34] {nemo} steal

[12:35] {dino} so i'm reading in todays paper these electric cars obamination is pushing will cost $15k more than gas powered, thats a lot of gasoline to buy in trade off

[12:37] {Threei}  he has a plan dino

[12:38] {Threei}  raise the price of oil artificially and problem solved

[12:38] {nemo} cap&trade

[12:38] {dino} he has something, just not sure what

[12:39] {dino} and he forgets that this electricity must come from somewhere (coal, nat. gas, oil)

[12:39] {dino} be much cheaper to go to nat. gas

[12:42] {ese} like a bad "do" i'm back

[12:42] {Threei}  see... yo are trying to plasy the price card

[12:42] {Threei}  but it gets trumped every time by "we have to save the planet"

[12:42] {nemo} fas getting H&S?

[12:43] {_jfjf64} jpm??

[12:43] {Threei}  gosh... if that's H&S, it's so ugly I'd rather see that head being axed

[12:44] {nemo} back to the axe again

[12:44] {nemo} it just turne up

[12:44] {magoo} JPM

[12:44] {magoo} blasts 

[12:44] {Threei}  JPM broke fastre than I could type

[12:45] {nemo} wfc broke too

[12:45] {magoo} iu caufght .08

[12:45] {Threei}  get out

[12:45] {Threei}  too vertical

[12:46] {magoo} out .25 

[12:46] {magoo} ty

[12:49] {dino} snda back to old tricks

[12:50] {nemo} RIMM new highs

[12:51] {dino} bkc wants retest yesterday lows

[12:51] {Threei}  IRAQI OIL MIN: OPEC EXPECTS PRICES TO CONTINUE RISING OVER NEXT SEVERAL MONTHS

[12:52] {Threei}  they rehired old information minister?

[12:52] {dino} wynn

[12:53] {dptl} vmc

[12:55] {dino} schw l .35

[12:55] {Threei}  mags

[12:55] {Threei}  do we get re[eat of eod rally today?

[12:55] {magoo} i felt it was strong all day vad, BUT

[12:55] {nemo} looks like it's started already

[12:56] {magoo} last 30 minutes is tough call

[12:56] {dino} spikes everywhere, plce

[12:56] {ese} Lfitb .39

[12:56] {magoo} oh wait, yes with goog powering up and reporting..yes..UP IT IS

[12:57] {dino} where do those stairs go magoo?

[12:58] {magoo} UP

[13:00] {dino} lorl

[13:00] {dino} thin

[13:01] {Threei}  GE

[13:01] {Threei}  .10 break is probably wortj a try

[13:01] {nemo} jbe

[13:03] {Threei}  1:1 for scalpers

[13:06] {_jfjf64} too late for me    anyone able to get

[13:06] {nemo} no

[13:07] {dino} bkc l .50 stop lod

[13:07] {ese} going blind....am actually long FITB .38

[13:12] {ese} am really this consolidation at .38 with fitb

[13:12] {ese} really liking

[13:15] {dino}  tell us how you really feel

[13:17] {ese} welllllllll........it all started in a backwoods shack blah blah blah

[13:18] {dino} :)

[13:19] {Threei}  1 month since quitting smoking today

[13:19] {magoo} any cheating

[13:19] {Threei}  nope

[13:19] {magoo} congrats

[13:19] {Threei}  nicotine inhaler

[13:19] {Threei}  no single cigarette

[13:19] {Threei}  and no craving

[13:20] {ese} this is great.....we would love to have you around for along time to come......personally i mean.....can't speak for anyone else on the board

[13:20] {Threei}  that makes you rather an exception ese

[13:20] {Threei}  I appreciate that though :)

[13:21] {dino} wtg

[13:22] {dino} shld strong

[13:22] {dino} spikes

[13:22] {magoo} u didnt give up bacon did u

[13:23] {Threei}  you know I am dead if I do that

[13:23] {magoo} 400 magnet now on goog

[13:24] {Threei}  if FITB takes that .40 with finnies, you should get nice scalp out of it ese

[13:25] {_robert} fitb

[13:25] {_robert} sorry mistake

[13:25] {Threei}  we all do it robert

[13:26] {Threei}  typing symbol in the room instead of quotes and wondering why quotes won't come up

[13:26] {ese} definately........

[13:27] {Threei}  amazingly enough, BRCD moved on that news with IBM

[13:27] {Threei}  been a while since this kind of news moved small stocks

[13:28] {Threei}  or maybe just moved with market

[13:32] {dino} ady stop to .95

[13:33] {dino} stopped ady remainder .90, +.30

[13:36] {dino} cetv blood

[13:36] {vinod} good afternoon

[13:37] {Threei}  vinod :)

[13:45] {ese} ummmm yaaaaaaa ahhhhhhhh........yawn

[13:45] {Threei}  I second that

[13:46] {_jfjf64} 3rd that

[13:46] {ese} still hangin in there with fitb

[13:46] {ese} it stayed put while the market retraced......a berry berry good sign

[13:48] {Threei}  true... but need market/fin sector to come alive and start kicking those buttocks again

[13:52] {ese} indeed

[13:53] {ese} auch du miya......how dare patience step away from the board....well i never......

[13:53] {Threei}  okay... this is likely to be a turn

[13:53] {ese} for the beter I hope

[13:54] {Threei}  WFC

[13:54] {Threei}  pullback closer to .15

[13:54] {Threei}  with stop under .10

[13:54] {Threei}  first strength from here

[13:55] {Threei}  hmm... no strength

[13:55] {Threei}  let's let it stabilize

[13:56] {Threei}  and hopefully establish new range

[13:56] {Threei}  yeah right

[13:56] {Threei}  just up and down, without anchoras

[13:56] {_jfjf64} lol

[13:57] {Threei}  didn't want to buy .12 - .13

[13:57] {Threei}  chance to get just a few cents before new leg down was too big

[13:57] {dino}   cetv hl l .92 stop .64

[13:57] {patience} i is back ese

[13:59] {nemo} RIMM just keeps going

[14:00] {Threei}  I don't like you, WFC

[14:04] {ese} ahhhhhh haaaaaaa!     the board just cannot function properly without you

[14:05] {patience} working on my income tax, very depressing

[14:05] {Threei}  just send CRA a tea bag

[14:05] {Threei}  I did

[14:06] {nemo} finnies doing the stealth creep

[14:06] {Threei}  anonymously too

[14:06] {nemo} GE heading for hod

[14:06] {ese} we just get someone to do it

[14:07] {ese} I'll bet i couldn't do my income tax properly anymore

[14:07] {patience} i do my income tax before the accountant gets everything...i invariably find something he doesn't consider applicable but i do

[14:07] {ese} your much better ati it than I am for sure

[14:08] {Threei}  JPM

[14:08] {patience} i am motivated

[14:08] {Threei}  this pullback into 33 must be buyable

[14:09] {Threei}  will this one give a range?

[14:09] {Threei}  tired of vagueness today

[14:09] {Threei}  too many situations where I am unable to give exact entry and estop

[14:10] {Threei} Long Setup:  JPM  .15 half lot

[14:11] {dptl} in

[14:11] {magoo} in 

[14:12] {dptl} stop just under 33? right

[14:12] {Threei}  that was question and self-answer I understand

[14:13] {dptl} :) yep ..

[14:13] {Threei}  I like you

[14:13] {Threei}  you make my work easy

[14:13] {Threei}  I can just nod

[14:13] {Threei}  or continue sleeping

[14:13] {Threei}  1:1 is coming

[14:13] {Threei}  make up your mind

[14:13] {Threei}  here we go

[14:14] {dptl} out 1:1 at .30 ty......welcome..lol

[14:14] {Threei}  {nod}

[14:14] {magoo} out there .35

[14:14] {_jfjf64} out.27  1:1 ty

[14:15] {Threei}  welcome you two - now go learn from dp, will ya?

[14:15] {Threei}  he is on self-serve

[14:15] {Threei}  says ty, says welcome

[14:15] {Threei}  I can just nod

[14:16] {_robert} out .32 ty

[14:16] {Threei}  {-- crying

[14:16] {Threei}  welcomew

[14:16] {dptl} lol

[14:16] {Threei}  :)

[14:16] {Threei}  at least some fun, lol

[14:16] {_jfjf64} see  ya  gv  price to get in    lol

[14:17] {Threei}  wanted it closer to 33...

[14:17] {Threei}  but it etsbalished range to break a bit higher

[14:18] {Threei}  so I had to cut it half lot to accomodate wider stop

[14:18] {ese} out fitb .46 +.08 on lottsa shs...see ya tomorow

[14:19] {Threei}  good job ese, take care

[14:19] {Threei}  love those 10-20K shares plays of his

[14:21] {Threei}  ok... does that relentless march up start?

[14:22] {Threei}  'cause if it is, I want in

[14:23] {dino} cetv stop to .89

[14:24] {Threei} Long Setup:  WFC  .55 if stays above .45

[14:24] {Threei} Long Setup:  FAS  .01 if stays above .95

[14:25] {dptl} in fas

[14:25] {nemo} too fast

[14:25] {Threei}  modify WFC

[14:25] {Threei}  .52 long

[14:26] {nemo} re enter fas?

[14:26] {nemo} well gone again

[14:27] {Threei}  too fast

[14:27] {nemo} in wfc

[14:27] {dino} cetv to .16

[14:28] {dino} to .27

[14:28] {Threei}  come on finnies

[14:28] {Threei}  let's stage repeat of yesteday

[14:29] {dino} to .30

[14:29] {nemo} re enter fas

[14:29] {dino} to .35

[14:30] {dino} to .40

[14:30] {dino} out slipped .28 ugh!!!!!!!!!, +.36

[14:30] {Threei}  half out FAS

[14:30] {dptl} out fas .09 ty

[14:30] {dino} was afraid of that

[14:30] {larisa} nice dino, could not make myself, do not like bottoms that slow :)

[14:30] {dptl} in wfc

[14:30] {Threei}  half oput WFC

[14:31] {nemo} out ty

[14:31] {dptl} out wfc +.10 ty

[14:31] {Threei}  darn scalpers

[14:31] {dptl} whuuuuuu that was fast 

[14:31] {nemo} a lot of fear in market

[14:31] {dino} thx larisaaaaa

[14:32] {dino} both ways it feels like

[14:32] {dino} wall of worry?

[14:32] {nemo} go both ways dino

[14:32] {Threei}  uh oh

[14:32] {_jfjf64} ty

[14:32] {Threei}  welcome guys

[14:33] {dino} never

[14:33] {Threei}  I am trying to stay in in case this is repeat of that ruthless short squeeze

[14:33] {nemo} didn't think so, just stuck your chin out

[14:33] {dino} lol

[14:33] {Threei}  was irritatwed that I missed it yesterday

[14:34] {Threei}  here we go

[14:34] {Threei}  1/4 more out FAS

[14:34] {Threei}  .16

[14:34] {dino} schw to .47

[14:34] {Threei}  1/4 more out WFC .66

[14:34] {Threei}  last portions with b/e stop

[14:35] {dino} tear down that .50 wall schw (in my reagan voice)

[14:36] {dino} out schw .47, +.12

[14:38] {Threei}  life is good

[14:38] {magoo} wells goin for 20 vad

[14:38] {Threei}  out FAS

[14:38] {Threei}  .24

[14:38] {Threei}  WFC, can't decide yet

[14:38] {Threei}  could be a big runner if takes that 20

[14:39] {Threei}  also, I have now this additional benefit:

[14:39] {nemo} wfc or fas?

[14:39] {Threei}  if it doesn't, it will be magoo's fault

[14:39] {Threei}  he went out on a limb with {magoo} wells goin for 20 vad

[14:40] {Threei}  nemo... you see FAS going for 20 in near future?? :)

[14:40] {nemo} I thought you might have meant .20

[14:40] {Threei}  [14:38] {Threei} out FAS

[14:40] {Threei}  [14:38] {Threei} .24

[14:40] {Threei}  [14:38] {Threei} WFC, can't decide yet

[14:40] {Threei}  [14:38] {Threei} could be a big runner if takes that 20

[14:40] {nemo} and just missed the period considering your HORRENDOUS typing skills

[14:41] {Threei}  you know comeback is coming, right?

[14:41] {Threei}  here it is:

[14:41] {Threei}  considering everything I typed, I have to conclude your reading skills haven't exceeded my typing ones by much {GGG}

[14:41] {nemo} Waaaaa Waaaaa Waaaaa Waaaaaa Waaaaaaa....I'm devastated :(((

[14:42] {nemo} bounce of .60?

[14:43] {Threei}  not sure

[14:43] {nemo} it bounced slightly but doesn't look too healthy here

[14:44] {dino} titn?

[14:44] {dino} missed

[14:45] {Threei}  06:30am [TITN] Reports Q4 $0.18 v $0.21e, R $189.0M v $175.9Me

[14:45] {nemo} Titan machinery...midwest CAT dealer?

[14:48] {dino} pretty much

[14:49] {cosmo} plxs

[14:49] {cosmo} wall

[14:50] {Threei}  amazing how formerly boring day suddenly turns so much brighter

[14:50] {larisa} why suddenly? I told you..

[14:50] {Threei}  wait... did you mean todsay?

[14:51] {Threei}  I thought we were talking about end of the week?

[14:51] {dino} she's tough on you vad

[14:51] {magoo} vad views trading with the wonderment of a child lol

[14:51] {Threei}  lol, truwe

[14:51] {Threei}  it amazes me that money comes out of nowhere

[14:51] {magoo} crazy but i took 200 goog @ 391

[14:51] {dino} ohh mannn cetv

[14:52] {cosmo} it comes up from the 'zero' point

[14:52] {Threei}  wow WFC

[14:52] {cosmo} $

[14:52] {dino} well money is not "destroyed" simply changes hands

[14:52] {Threei}  held .50 to the cent

[14:52] {magoo} wanna see if they jam it into close

[14:52] {Threei}  and jumped

[14:52] {magoo} ive seen strippers destrofy $$

[14:53] {dino} no magoo, you lose it, they gain it

[14:54] {dino} i have witnessed that w/you

[14:55] {nemo} geez RIMM 45 angle up since yesterday

[14:56] {magoo} out goog 92.37

[14:56] {dino} bkc stop to .57

[14:56] {dino} toughie

[14:56] {magoo} plus good something

[14:56] {magoo} [14:52] {magoo} crazy but i took 200 goog @ 391

[14:56] {Threei}  lol mags, I am still laughing about that

[14:56] {Threei}  [14:51] {magoo} vad views trading with the wonderment of a child lol

[14:57] {magoo} :)

[14:57] {cosmo} gee, buyers...they're coming back into the water 

[14:58] {dino} that is funny

[14:58] {magoo} sure..frustrated at missing move..so chasing with emotions...ah, good times

[14:58] {cosmo} take me to the water....something like that...

[14:58] {Threei}  but don't make me drink?

[14:59] {cosmo} salt water? ...nah

[14:59] {Threei}  rofl

[15:00] {Threei}  making money and having all this fun - it must be illegal

[15:00] {cosmo} not yet

[15:00] {nemo} when Obama outlaws the market

[15:00] {dino} bkc stingy to .61

[15:01] {dino} out bkc 

[15:01] {dino} +.11

[15:02] {magoo} or at least outlawevil daytraders

[15:02] {dino} wmt to .65

[15:03] {dino} nice to see cramer hasn't lost it, his gld is only down 8 pts

[15:04] {nemo} light volume today

[15:06] {dino} above 5 day ave

[15:07] {nemo} ever look at finviz.com, dino?

[15:08] {dino} nope

[15:08] {nemo} take a look, they have running volume indicators for each market...of course, who's right?

[15:08] {dino} whoa

[15:09] {nemo} like that?

[15:09] {dino} ok, will add to fav

[15:09] {nemo} quotes are delayed, but they give you relative points

[15:09] {dino} thx

[15:10] {dino} schw not moving

[15:11] {dino} wmt to .75

[15:11] {dino} pits are panicing, way short

[15:14] {dino} out wmt +.20, dog!

[15:16] {dino} bkc approaches lod

[15:16] {Threei} Long Setup:  FAS  .33 if holding above .30

[15:16] {Threei}  ridiculously tight stop

[15:17] {Threei}  just must try for another leg up

[15:17] {nemo} didn't give it to me

[15:17] {Threei}  anyone got it?

[15:17] {dptl} in .34

[15:17] {dawg} got.34

[15:18] {Threei}  chance for a jump into .45 - .50 area is worth 5 cents risk I believe

[15:19] {dptl} out 1:1

[15:19] {Threei}  offering half .42

[15:19] {Threei}  too greedy?

[15:19] {dptl} ty....welcome :)

[15:19] {Threei}  WFC new high

[15:19] {Threei}  come on FAS

[15:20] {Threei}  out half .42

[15:20] {_jfjf64} ty

[15:20] {Threei}  welcome

[15:20] {dawg} all out .43 ty Vad great call

[15:21] {Threei}  offering second half .49

[15:21] {Threei}  WFC baby

[15:21] {dino} wow shld, 6 bucks

[15:23] {_jfjf64} any break of 20??

[15:24] {Threei}  out last WFC +.40

[15:25] {Threei}  gotta sit this out a little

[15:25] {dino} gj

[15:25] {_jfjf64} k

[15:25] {_jfjf64} head spinnin

[15:26] {dino} watching vivo, bkc again

[15:26] {magoo} WFC

[15:26] {dino} feeding frenzy

[15:37] {dino} thinking  to fool most, hard drop into close

[15:37] {nemo} that would make sense, but then, you think that

[15:38] {nemo} All cretins are liars and I am a cretin

[15:38] {Threei}  WSJ: FED MAY PROVIDE 5 YEAR LOANS TO COMMERCIAL MORTGAGE BACKED SECURITIES INVESTORS; BECOMING LESS ATTRACTIVE IN THE LATER YEARS

[15:38] {Threei}  GOOG

[15:38] {Threei}  YOUTUBE CLOSE TO ANNOUNCING CONTENT DEALS WITH SEVERAL MOVIE STUDIOS - WSJ

[15:39] {Threei}  20 break is ery tempting

[15:39] {Threei}  on WFC, before nemo asks

[15:39] {_jfjf64} k

[15:39] {Threei}  maybe smaller shares

[15:39] {Threei}  risk is enormous as well

[15:39] {dptl} stop .84?

[15:40] {dino} you may be right nemo

[15:40] {Threei}  yeah

[15:42] {nemo} This is going be crazy 

[15:43] {Threei}  going to be?

[15:43] {Threei}  where have you been last half year?

[15:43] {nemo} I'm talkin this 20 minutes

[15:44] {dino} i think i'll sit out rest of day

[15:45] {nemo} yeah you've got incoming and friendly fire overhead

[15:47] {dino} some good ideas today, thx

[15:47] {Threei}  oh boy

[15:47] {Threei}  just saw a line on tv

[15:47] {Threei}  Bo Obama

[15:48] {dino} will be watching wmy, bkc, schw, vivo, titn tomorrow, fwiw

[15:48] {dino} wmt i mean

[15:48] {Threei}  FWIW? no such symbol

[15:48] {nemo} omg

[15:48] {Threei}  OMG - no such symbol

[15:48] {nemo} FYVM

[15:49] {cosmo} but... thats been my bread and butter

[15:49] {nemo} scaaaaaary

[15:49] {nemo} You win so far Dino

[15:51] {dino} but i did not short it

[15:51] {dino} so in words only

[15:51] {nemo} o, as far as the hard down

[15:51] {nemo} well, relatively hard

[15:51] {nemo} oh...never mind

[15:54] {dino} it's (yo)bama

[15:55] {nemo} jobama

[15:55] {dino} jomamma

[15:55] {nemo} my mamma's dead

[15:55] {dino} opps

[15:56] {nemo} sob the market comes back a tad...I was going to say FAS hoppe back in the bollinger bands

[15:56] {nemo} hopped

[15:56] {nemo} So not hard down, hot hard up...figures

[15:57] {nemo} hot=not...your typing skills are rubbing off on me Vad

06[15:57] * nemo slaps nemo around a bit with a large Mavis Beacon Teaches Typing

[15:58] {patience} nemo, you need to get out more

[15:58] {dino} lol 

[15:59] {Threei}  okay guys

[15:59] {nemo} What movie?

[15:59] {Threei}  before you went any more crazy,

[15:59] {Threei}  thank you all,

[15:59] {Threei}  have a good evening

[15:59] {Threei}  see you tomotrrow

[15:59] {larisa} bye all

[15:59] {fernp} good evening

[15:59] {_jfjf64} ty

[16:00] {dptl} have a good evening all

[16:00] {nemo} P&Q

[16:01] {nemo} Playing GOOG Vad?

[16:01] {Threei}  nah

[16:01] {Threei}  watching, yes

[16:01] {magoo} YES OUT GOOG 397

[16:01] {magoo} SCARY

[16:01] {nemo} tht was my next question mags

[16:01] {magoo} in 390

[16:01] {magoo} 200

[16:01] {nemo} cool mags...good for you

[16:02] {magoo} now look

[16:02] {magoo} heart attack

[16:02] {nemo} yeah

[16:02] {magoo} dont try thbayt

[16:02] {magoo} thay

[16:02] {magoo} that

[16:02] {nemo} schizophrenia

[16:02] {magoo} shakin

[16:02] {nemo} bakin

[16:03] {magoo} 'if vad was here he give me an ass wringin

[16:03] {nemo} he is here

06[16:04] * magoo slaps Threei around a bit with a large trout

[16:05] {nemo} what was the report vad?

[16:06] {magoo} drys pop

[16:06] {Threei}  REPORTS Q1 $5.16 V $4.93E, R$4.07B. (EX-TAC) V $4.08BE

[16:06] {Threei}  - Q1 paid clicks +17% y/y, +3% q/q

[16:06] {Threei}  - Q1 international revenue $2.88B, 52% of total revenue vs 51% y/y

[16:06] {Threei}  - Q1 Google-owned web site ads revenues $3.7B, +9% y/y; -3% q/q; 67% of total revenues{

[16:07] {Threei}  DRYS

[16:07] {Threei}  ANNOUNCES COMPLETION OF THE "ATM" EQUITY OFFERING

[16:07] {Threei}  - The company announced today the completion of the ATM Equity Offering(SM) in which the Company raised gross proceeds of approximately $500 million since commencing the offering pursuant to the prospectus supplement filed on January 28, 2009.

[16:10] {dino} great day, thx all for ideas, gotta hop